It was not that long ago that I remember my farming days, when I had to take a lunch break just to visit my local bank branch just to get some cash out. Lunch was an important time for a growing lad and standing in a queue at the bank wearing wellies and overalls was a real bore. So in 1982 or 83 (I think) when our little town in West Wales got it's first cash machine, it felt like just a little bit of freedom.
Cash machines still serve an incredibly important role. If you are budgeting, I would always recommend that you use cash. So much easier to measure what you've got to spend if you collect what you need on each visit to a cashpoint machine.
Independent ATM companies, which provide 57pc of Britain's ATMs, say that their standalone cashpoints, which tend to be in rural and residential areas, could become unviable as banks seek to reduce the fees they pay when their customers use them.