Half of UK cash in black market or overseas, says Bank – BBC News


BBC News
Half of UK cash in black market or overseas, says Bank
BBC News
At least half of all UK banknotes in circulation are held overseas or used in the black market, a Bank of England report suggests. The Bank, which is the main issuer of banknotes in the UK, said only about a quarter of cash in circulation is being used
UK savers hoard at least £3bn of cash at homeFinancial Times

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