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Record amount of cash could be withdrawn from ATMS as Labour ministers advise to hoard money at home in case calamity strikes

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Tooher, P. (2026, October 31). Record amount of cash could be withdrawn from ATMS as Labour ministers advise to hoard money at home in case calamity strikes. Daily Mail. https://www.dailymail.com/news/article-16255243/Record-cash-withdrawn-ATMS-Labour-ministers-advise-hoard-money-home-case-calamity-strikes.html?ns_mchannel=rss&ns_campaign=1490&ito=1490

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Daily Mail · collected 2026-10-31 · by Patrick Tooher

Quick Summary

Savers are withdrawing record amounts of cash from ATMs following Labour ministers' advice to hoard money at home as part of a 'Be Ready' emergency preparedness campaign. £429 million was withdrawn on Wednesday and Thursday, marking an increase of £46 million compared to the same period last week. The average withdrawal amount per transaction also rose to a record high of £95 from £90 the previous week. This surge in ATM usage comes as part of broader preparedness measures recommended by Labour ministers for potential crises such as wars, cyberattacks, or natural disasters.
Written by AI on 2026-11-01, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

A record amount of cash could be withdrawn from ATMs this weekend as savers follow Labour ministers' advice to hoard money at home in case of calamity. The Defence Secretary Wes Streeting advised the public to prepare for potential crises such as natural disasters, cyberattacks, or terrorist disruptions. As part of Labour's 'Be Ready' campaign, households are urged to stockpile three days' worth of essentials like water and food. Sales of bottled water, toilet paper, and wind-up radios have surged since the alert was issued; Ocado temporarily ran out of 40 varieties of tinned soup last week. Figures show £429 million was withdrawn from ATMs on Wednesday and Thursday, a £46 million increase over the previous week. The average withdrawal amount increased to £95 from £90 in the same period, marking a record high since Link's records began.

Written for “Hoarding Money Advised” on 2026-11-01, grounded in this article and the 0 other(s) covering the same event.
Why this leaning score
The model judged this article politically coded and scored it -0.35, but all 4 of its quote(s) are attributed speech - words the article quotes from someone, not the article's own narration, so the score is not published.
Written under an earlier scoring contract, which gave a paragraph rather than checkable quotes. Re-analysing this article replaces it.
Leaning score withheld for article 120374: attributed speech only · logged 2026-11-01

Story

📰 Hoarding Money Advised
Economy/Business · 1 article(s) covering the same event.

Compared with similar articles

This article reads unscored and hedges 5% of its claims. Each row says how that neighbour differs.
Daily Mail
⚖️ Leans left Hedges 3 of 35 claims Outlet record 68/100
“While both articles discuss a government campaign encouraging stockpiling of essentials, Article A focuses on toilet roll and water sales in supermarkets, whereas Article B specifically mentions cash withdrawals from ATMs. These are different aspects of the same general event.”
Evening Standard
Hedges 12 of 103 claims Outlet record 65/100
“While both articles discuss preparations advised by ministers after a 'Be Ready' campaign, they describe different aspects: Article A focuses on preppers and stockpiling in general, while Article B specifically mentions record cash withdrawals from ATMs.”
BBC News
Hedges 1 of 19 claims Outlet record 68/100
“The articles describe an increase in essential goods sales and a record amount of cash withdrawn from ATMs, but they occur at different times with distinct focuses (one on food sales after government advice to stock up, the other on cash withdrawals as part of Labour's 'Be Ready' campaign).”
Evening Standard
Hedges 5 of 27 claims Outlet record 65/100
“Article A discusses buying government emergency kits due to cybersecurity threats and extreme weather warnings, while Article B talks about withdrawing cash from ATMs following Labour's 'Be Ready' campaign advice. Although related in theme, they describe different specific events.”
BBC News
Hedges 1 of 47 claims Outlet record 68/100
“Article A discusses general preparedness measures around the world, while Article B specifically mentions a 'Be Ready' campaign by Labour ministers in the UK involving cash withdrawal and stockpiling essentials.”
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
19
sentences that state something as happening or true
Uncertain
5%
1 of 19 hedged ("reportedly", "may", "according to")
Leaning
withheld
no quote in the article backed the model's score
Publisher signals
68/100
Daily Mail's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-11-01 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

Daily Mail · 8606 article(s) · 20 correction(s) detected
Running correction rate · 20 correction(s)

Who wrote this

Patrick Tooher
5 article(s) here · 1 carrying a prediction
🔮 A record amount of cash could be withdrawn from ATMs this weekend as savers heed ministers' advice to hoard money at home in case calamity strikes.
🔮 ‘I think they will be as much if not more significant indicators for the long-term direction of the UK.’
🔮 Bank bosses have warned that any such raid on their bumper profits would push up interest rates on mortgages and business loans and reduce lending and investment.
🔮 The Chancellor is set to host a delegation of retail and hospitality chiefs in Downing Street on Tuesday, amid reports that a 'warehouse tax' raid has been ruled out.
🔮 - See more Daily Mail on Google - save us as a Preferred Source The price of diesel will hit a record high today as fears grow that low stocks may dwindle further if Donald Trump imposes an export ban as the Iran war drags on. The average cost of a litre of diesel last night was 198.89p, a fraction below the high in the aftermath of Russia's invasion of Ukraine in 2022. 'The previous record of 199.09p a litre for diesel will be broken today,' Simon Williams, the RAC's head of policy, told The Mail on Sunday.
Also by Patrick Tooher
Nothing else under this byline is closely related to this article, so these are simply their most recent.

Topics

Baxters Heinz Labour Link Ocado

Subjects

Link ORG · 3× Baxters ORG · 1× Britain GPE · 1× Costco ORG · 1× Defence ORG · 1× Graham Mott PERSON · 1× Heinz ORG · 1× Labour ORG · 1× Ocado ORG · 1× Wes Streeting PERSON · 1×

Narrative

Pictures show a man with multiple packs of water from Costco The dash for cash comes after Defence Secretary Wes Streeting said the public needed to think about what they would do if a natural disaster struck, if hackers attacked businesses or terrorists disrupted supply chains.
framing: assertive · carried by 1 article(s) · first seen 2026-11-01
🔮 A record amount of cash could be withdrawn from ATMs this weekend as savers heed ministers' advice to hoard money at home in case calamity strikes.

Claims (19 extracted, 1 hedged)

A record amount of cash could be withdrawn from ATMs this weekend as savers heed ministers' advice to hoard money at home in case calamity strikes. uncertain
calamity → withdraw → case
It follows the launch of Labour's 'Be Ready' campaign, urging every household to stockpile three days' worth of essentials to cope with a crisis caused by either war, cyberattacks or a natural disaster. asserted
It → follow → war
Sales of bottled water, loo roll and wind-up radios have soared since the alert was issued, and last week online retailer Ocado temporarily ran out of 40 varieties of tinned soup, including Heinz and Baxters. asserted
Ocado → wind → Heinz
Now it seems the public is also taking on board official advice to have notes and coins on hand in case electronic payments or cash machines fail in the event of an emergency. asserted
payments → seem → emergency
Figures show £429million was withdrawn from cash machines on Wednesday and Thursday - £46million more than on the same days the previous week. asserted
429million → show → days
'What's interesting is that when people are going to ATMs they are withdrawing more,' said Graham Mott, at Link, which connects the national network of over 40,000 cash machines. asserted
which → go → machines
The average amount withdrawn last Saturday was £95, up from £90 the previous week, and a record for any Saturday since Link's records began in 2014. asserted
records → withdraw → 2014
£429 million was withdrawn from ATMs on Wednesday and Thursday, £46 million more than on the same days the previous week. asserted
million → withdraw → days
The Government's new 'Be Ready' emergency preparedness campaign advises households to keep three days' worth of essentials at home in case of a crisis. asserted
campaign → advise → crisis
Pictures show a man with multiple packs of water from Costco The dash for cash comes after Defence Secretary Wes Streeting said the public needed to think about what they would do if a natural disaster struck, if hackers attacked businesses or terrorists disrupted supply chains. asserted
terrorists → show → chains
He later said the public's response was 'encouraging' and revealed he began stockpiling tins, bottles of water and other essentials weeks ago. asserted
he → say → water
'I am trying to lead by example,' he said. asserted
he → try → example
But the Government stands accused of lecturing families on what to keep in their cupboards. asserted
Government → accuse → cupboards
'Britain is not a country on the brink of catastrophe,' Lord Hannah, director general of the Institute of Economic Affairs think-tank, told the Daily Mail. asserted
Hannah → tell → Mail
'The last thing we need is a Government encouraging people to panic,' he added. asserted
he → need → people
A snap poll found 49 per cent felt the Government's advice was 'an insulting waste of time and money' while just a quarter found it 'timely and helpful'. asserted
it → find → time
Cash machine usage has dwindled in recent years. asserted
usage → dwindle → years
The volume of ATM transactions fell to 1.3 billion last year, down from 3.2 billion a decade ago. asserted
volume → fall → billion
A recent Link survey found that 61 per cent of people had used an ATM in the past fortnight with the most frequent users in rural areas and among the elderly. asserted
cent → find → elderly
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