Cheque Backed By Minister

According to Mark Hoben the Financial Secretary to the Treasury, “there is no credible or coherent case” for cheques to be abolished before an alternative is found.

Mr Hoben was speaking at a Treasury Committee hearing into the future of cheques which was examining the plans to scrap cheques.

“It is an appalling mess. It is a scandal. This is even worse than a colossal error of judgement,” said committee chairman Andrew Tyrie.


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