Government to consult on ditching 1p and 2p coins as well as £50 note

The Government will consult on whether to keep 1p and 2p coins, along with the £50 note.

As part of his spring statement on Tuesday, the Chancellor announced a call for evidence on encouraging cashless and digital payments, while ensuring cash remains available to those who need it.

In documents released alongside Philip Hammond's update on the UK economy, it was revealed the Government wants to know whether the "current denominational mix meets the needs of cash...
source: The Sky News

2018-03-13 18:11
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