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Government Urges Cash Reserves at Home | Markets & Money News
Only 17% of people keep cash reserves at home, despite growing concerns about the vulnerability of digital payment systems. Recent bank outages have prompted the government to recommend households consider having cash on hand as a backup. While specific amounts are not outlined, suggestions from various sources include keeping around £50 for adults and £25 for children. Many now see cash as essential during payment disruptions, highlighting the importance of having an emergency fund readily
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