Britain could ditch 1p and 2p coins — here’s why that’s a fantastic idea
|03/18/2018||Posted by BusinessMediaguide.Com under General World News||
- The government is consulting on scrapping the use of 1p and 2p coins.
- This has caused outrage among some of the population, but it makes perfect sense.
- Copper coins are rarely used in transactions, are expensive to manufacture, and have little role in an increasingly cashless society.
LONDON — Philip Hammond’s Spring Statement earlier this week was — as anyone paying attention had expected — an uneventful and quite frankly dull affair.
Hammond, not known for his bombast at the best of times, didn’t announce any new policies, and simply updated the House of Commons on the government’s fiscal progress.
There was however, one read more >>>