Whilst the Covid-19 pandemic has accelerated the transition to online banking, the rising cost of living has seen an increasing number of households turn to cash as a budgeting tool as many struggle to cope with price rises, according to research from KMPG.
Meeting with a bank manager to discuss personal finances (38 percent) was the top reason why individuals said that the cost of living has made them more likely to visit a branch.
Over a third of UK consu...