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Society's move to cashless payments may have had an unintended positive side effect, surgeons say - fewer children needing operations or procedures to remove swallowed coins.

A cashless society also raises concerns about privacy and surveillance.

But the transition to a cashless economy carries significant risks, especially for women, who have historically had to fight for financial independence.

While digital transactions offer convenience, the risks of a fully cashless economy are often overlooked.

However, she assured the Treasury Committee that the UK would not go fully cashless anytime soon.