Average first-time-buyer mortgage drawdown rose to €282,084, the highest level since the data series began in 2003

In the first six months of the year there were 20,389 mortgage drawdowns, a 7% decline year-on-year, mainly due to the significant drop in switching activity, said the BPFI

Mortgage switching has increased by 115.8% since this time last year, according to new data

Consumers are switching from cash to electronic payments at a dramatic and accelerating rate to try to insulate themselves from that great, metaphorical and actual, conduit of infection - cash.

The shops have reopened, but where has all the cash gone?