Would a cashless society work in Britain – or is it a recipe for disaster?

Would a cashless society work in Britain – or is it a recipe for disaster?

By This is Money

Established banks, challengers, fintech firms and payments providers – they all have one thing in common: none of them are immune to IT problems, glitches, hacks, meltdowns or customer service failures.

Yet the momentum towards going cashless shows no signs of slowing down - but is Britain ready for it?

In this week's podcast, assistant editor Lee Boyce along with host Georgie Frost talk about the future of payments.

Elsewhere, we reveal what went 'wronga' at Wonga and why Lloyds Bank is now recording all product openings in branch.

We also discuss the potential Aston Martin float, which could value the firm at £5billion.

Lastly, motoring editor Rob Hull talks about two car brands from different ends of the spectrum – Ferrari versus Lada.

A 250 GTO sold for a record auction price recently while a Lada could sell for £75,000 – yes, a Lada. Could it be a miracle?

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