{"id":247,"date":"2020-07-22T14:47:36","date_gmt":"2020-07-22T13:47:36","guid":{"rendered":"https:\/\/new.contentdeployment.co.uk\/quilter\/?p=247"},"modified":"2020-08-18T14:49:17","modified_gmt":"2020-08-18T13:49:17","slug":"in-the-news","status":"publish","type":"post","link":"https:\/\/new.contentdeployment.co.uk\/quilter\/2020\/07\/22\/in-the-news\/","title":{"rendered":"In the news&#8230;"},"content":{"rendered":"\n\t<div class=\"hd-block hd-block-rich-text hd-block-count-1 template--template1\" data-count=\"1\" id=\"hd_rich_text-block_5f3bdc117f3d5\">\n\t\t\n\t\t\t\t\t<div class=\"hd-block__inner hd-block-rich-text__inner\">\n\t\t\t\t<div class=\"hd-richtext__colwrap\">\n\n\t\t<div class=\"hd-richtext__colwrap__inner\">\n\t\t\t\n\t\t\n\t\t\t<div class=\"hd-richtext__col hd-richtext__col-1\">\n\n\t\t\t\t<h2>CONTACTLESS PAYMENTS \u2013 THE &#8216;NEW NORMAL&#8217;<\/h2>\n<p>The shift to contactless payments has accelerated in recent years and even more so during the pandemic, helped by an increase in the contactless limit from \u00a330 to \u00a345 on 1 April. Research<sup>1<\/sup>\u00a0conducted between 10-12 April has revealed that two thirds (66%) of card transactions in the UK were contactless and almost half (45%) of UK adults admit their use of cash has decreased throughout the pandemic; 76% of respondents say they will continue using contactless payments after the crisis.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<h2>\u00a320 SELLS FOR \u00a37.5K<\/h2>\n<p>A new polymer \u00a320 note has changed hands for \u00a37,500 after going under the hammer at a secret auction. Listed with a guide price of between \u00a33,000 and \u00a34,000, the note sold for 375 times its face value, with the proceeds going to charity. The plastic \u00a320, featuring artist JMW Turner, had a serial number of AA01 000010 and is likely to be the lowest numbered note in circulation. Whenever a new note enters circulation, the Queen is gifted the first one, which contains the AA01 000001 serial number.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<h2>CHANGES TO LISA WITHDRAWAL RULES<\/h2>\n<p>Temporary changes to the Lifetime ISA (LISA) withdrawal rules have been announced to help people who want to access their funds earlier than planned. You can use a LISA to save up to \u00a34,000 a year towards your first home or retirement and the government adds a 25% cash bonus of up to \u00a31,000 a year on top. Previously, if you made a withdrawal and you weren&#8217;t aged 60 or over, a charge of 25% was applied to the amount withdrawn. The withdrawal charge has been reduced to 20% between 6 March 2020 and 5 April 2021.<\/p>\n<p><sup>1<\/sup>Mastercard, 2020<\/p>\n\n\t\t\t<\/div>\n\n\t\t\t\t\t<\/div><!-- \/ hd-richtext__colwrap__inner -->\n\t\t\n\t<\/div><!-- \/\/ hd-richtext__colwrap -->\n\t\t\t<\/div>\n\t\t\n\t<\/div>\n\n\t","protected":false},"excerpt":{"rendered":"","protected":false},"author":12,"featured_media":248,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[32,38],"tags":[],"hd_content_source":[],"_links":{"self":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/247"}],"collection":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/comments?post=247"}],"version-history":[{"count":2,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/247\/revisions"}],"predecessor-version":[{"id":250,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/posts\/247\/revisions\/250"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media\/248"}],"wp:attachment":[{"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/media?parent=247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/categories?post=247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/tags?post=247"},{"taxonomy":"hd_content_source","embeddable":true,"href":"https:\/\/new.contentdeployment.co.uk\/quilter\/wp-json\/wp\/v2\/hd_content_source?post=247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}