Wednesday, September 23, 2020

Tag: pennies

Copper coins are going nowhere, says treasury

copper coins
Copper coins are about more than just money according to executive secretary to the Treasury, Robert Jenrick as he pledged to preserve Britain’s historic pennies amidst misplaced calls for them to be scrapped. They say that if you look after the pennies the pounds look after themselves and this has been echoed by Britain’s treasury. The classic symbols of British...

Penny pinching: Treasury threatens to scrap 1p and 2p coins

1p 2p pennies coins
In a move that could render penny pushers useless across the country, the Treasury could be paving the way for the end of the 1p and 2p coins as it calls into question their usefulness.   It is requesting views on the mix of coins in circulation as consumers move to non-cash payments such as contactless and digital spending. In a...

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