LINK, the UK cash machine network reported that the total value of LINK cash withdrawals between Thursday 2 May and Monday 6 May rose by £148 million or 8.4% from £1.760 billion to £1.908 billion, when compared to the same period last year. This marks an all-time peak.
Friday was the busiest day of the weekend, as consumers withdrew £556 million on that day alone, up £37 million on 2012.
John Howells, LINK CEO commented, “Given the awful start to Spring that we have had to endure, it is highly likely that the British public was keen to take full advantage of the decent weather by spending the weekend out and about and basking in the sunshine.
“In context, these recent figures are all the more impressive. Brits withdrew more cash this weekend, than over the Royal Wedding weekend, which coincided with an extra day bank holiday and the end of the month – when volumes are always at their highest.”
LINK withdrawals make up 70% of total cash withdrawals.
