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  1. ITV Report

Battle in Sussex among communities set to benefit from rural cash machine fund

Battle in Sussex could benefit from a £1 million fund set up to provide cash machines to rural communities.

The Community Access to Cash Delivery Fund is being set up by operater Link.

It's part of measures aimed at tackling concerns that it is becoming harder for people to take out cash.

Anyone will be able to apply for the fund for a cash point in their village or town.

Applications will be judge on the distance to nearest free ATM, the availability of a nearby Post Office and the security of a suggested site.

Battle has already been identified as a pilot site, while Deal and Margate have also been picked.

3,303
banks have closed between Jan 2015 and Aug 2019 according to Which
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banks have opened between Jan 2015 and Aug 2019 according to Which

The Federation of Small Businesses said the move is a "promising step in the right direction" but added that much more needs to be done.

This is just one proposal in a range of solutions needed to tackle the growing access to cash problem, because cutting the number of free to access cash machines has an impact on footfall in town centres. At a time when small firms are struggling on the high street, every pound spent on charging ATMs means money not being spent on local and small firms.When an ATM is removed from a local area, we know it is especially difficult to get one reinstalled later on, and we hope this move can help."

– Mike Cherry, Chairman of the FSB
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