> In most countries of the world the issue of banknotes is handled exclusively by a single central bank or government, but in the United Kingdom seven retail banks have the right to print their own banknotes in addition to the Bank of England; sterling banknote issue is thus not automatically tied in with one national identity or the activity of the state.
https://en.wikipedia.org/wiki/Banknotes_of_the_pound_sterlin...
For instance if I were to go further south, any Scottish notes I have would not be accepted in a load of places. More generally using banknotes from Northern Ireland in Britain will get you funny looks and a near 100% refusal.
Advantages of cashless? Is the cost of handling cash really greater than the percentage paid to the payment processors? It's an honest question and I'd be interested in some real studies on this because it would seem to be a hard metric to measure.
I don't know the costs or anything, but it must make sense for these businesses at least?
Personally I'd think it laughable if the government attempted to force them to accept cash.
What next, make them accept cheques?!