Total of £412m taken out of cash machines within two days of PM announcing new Covid rules

Cash withdrawals across the UK have surged since Saturday, as consumers scramble for haircuts and stock up on banknotes before England’s second lockdown.

Link, the network that connects virtually all of Britain’s cash machines, said more than £174m was taken out on Sunday 1 November, the day after Boris Johnson confirmed England would be facing fresh coronavirus restrictions. That was 27% higher than the £137m withdrawn on an average Sunday since March.

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