lbc.co.uk
As the Isle of Man becomes the first part of the British Isles to scrap the penny coin, collectors have urged to save the 1p copper despite economists determining that inflation eaten away its value. Coppers will remain legal tender on the island but businesses will round prices up to the nearest 5p to get ready of the eventual shortage of the 1p and 2p coins. The Economist Magazine has asked for the UK government to follow suit and get rid of the penny after working out that the 1p coin now…
almost 2 years ago