UK's leading business organisation agree: Do not bounce cheque into history

December 2, 2009 12:40 PM
Mark's campaign has the backing of Nick Clegg and Vince Cable

Mark's campaign has the backing of Nick Clegg and Vince Cable

Today The Federation of Small Businesses officially announced their full support for Mark Hunter MP's "save the cheque" campaign.

The organisation, as stated on their website, is 'the UK's largest campaigning pressure group promoting and protecting the interests of the self-employed and owners of small firms. Formed in 1974, it now has 215,000 members across 33 regions and 230 branches.'

Top consumer group Which? have already given their backing to the campaign, and with the support of such an established business organisation, pressure is mounting more than ever on banks to give up their commitment to scrapping the cheque.

Stephen Alambritis, Head of Public Affairs at Federation of Small Businesses said:

"The Federation of Small Businesses strongly support Mark Hunter MP's "save the cheque" campaign, backed by Members of Parliament from across the political spectrum.

"Cheques are vital to the way many people and organisations operate. With over 4 million cheques written each day, many small businesses will be disadvantaged if banks decide to scrap the cheque and there could be a big knock on effect on the economy.

"When there is no viable alternative payment method for many people out there, we should not be thinking about cutting corners by eliminating the cheque in Britain.

"That is why FSB strongly oppose getting rid of the cheque."

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