£50 billion in UK banknotes is ‘missing.’ Nobody has an explanation

  • By cvbizz
  • December 4, 2020
  • 0

via foxcarolina.com

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Here’s a head-scratcher: The <a href=”https://edition.cnn.com/2020/07/07/investing/square-paypal-stocks-cash/index.html” target=”_blank”>use of cash has been declining</a> for years in Britain, but demand for banknotes is skyrocketing. Nobody is quite sure <a href=”https://edition.cnn.com/2020/01/14/uk/uk-mystery-cash-bundles-solved-scli-gbr-intl/index.html” target=”_blank”>where the money is going</a>.

A group of UK lawmakers said on Friday as much as £50 billion ($67.4 billion) in cash

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