The UK Payments Council today [Tuesday] announced that they are to reverse their decision to scrap cheques by 2018 and continue their use for as long as customers need them.

Ruth and David set up a Save Our Cheque petition earlier this year with the support of Headington residents

For small businesses, charities and sole traders cheques are a crucial form of payment and many were concerned that their removal would drive up their costs. For customers, especially the elderly, cheques are reliable, safe and not too technological.

Last year alone there were over one billion cheque transactions which shows just how widely used this form of payment still is.

Today’s announcement means that those who rely on cheque payments can now be sure of their future.

Saving the cheque is a Lib Dem victory for common sense!