Through-the-wall ATMs will no longer be subject to a separate business rates assessment after a successful legal challenge in the Appeal Court by several retail giants and ATM operator Cardtronics.

The news was welcomed by PRA chairman Brian Madderson, who said: "This will benefit all those that still use cash on a regular basis and were desperately worried as banks and post offices closed branches and PRA members had to start charging or see the through-the-wall ATMs removed."

Since 2010, super-markets and c-stores, including forecourts, have been liable to pay business rates on ATMs. The ruling has not only changed this but also means that £300m already charged will have to be repaid.