http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2015/q3prerelease_1.pdf http://www.bankofengland.co.uk/publications/Documents/quarte...

http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2015/q3prerelease_1.pdf http://www.bankofengland.co.uk/publications/Documents/quarte... Cash will be around for a fair time yet, but you have a point for any form of regular or recurrent expenditure. As the above pdf explains 'hoarding' of notes as a store of value seems strangely popular...