BofE uses Marks and Spencer to raise money supply

UK - A shortage of quality £5 notes, due to banks' reluctance to stock the relatively low value notes in ATM cashpoint machines, has led the Bank of England to turn to post offices and Marks and Spencer to distribute used fivers.

The unprecedented move to deliver cash directly, rather than through banks, follows the rejection by commercial banks of requests to get more £5 notes into wallets.

Sources told CentralBankNet today that although alternatives to traditional £5 paper notes existed there

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