Saturday, 24 September 2016

126 million coins taken out of circulation since rounding scheme introduced - BelfastTelegraph.co.uk

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But now Mark Carney, the Governor of the Bank of England, has suggested that the 1,200-year-old British penny could be scrapped.

From After 1,200 years, could it really be time for the penny to be dropped?

Actually, I’ve suggested it more than once but just because he’s the Governor of the Bank of England his plagiarised proposal gets all the attention.

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Some 126 million coins have been taken out of circulation since a scheme was introduced to round shoppers' bills up or down.

From 126 million coins taken out of circulation since rounding scheme introduced - BelfastTelegraph.co.uk

Ireland can do it, why can’t we?

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