I note that the UK is moving in a gingerly fashion towards abolishing paper cheques. The Payments Council, an odd quango that is responsible for selling the idea of phasing out cheques by 2018 is already ruffling feathers among small businesses and older people.
Coincidentally, the Bank of England Museum held a party this week to commemorate the signing of the first cheque (or check, as the Americans have it) 350 years ago. Read more




