From 6 November to 17 December 2023, the Treasury Department ran two consultations regarding changes to Falkland Islands currency: One on a proposal to withdraw low value 1p and 2p coins and the ...
Small denomination coins could be phased out under plans being considered by the UK government. 60% of small coins are used once before being put in piggy banks or thrown away. £50 notes could ...
The future of 1p and 2p coins is safe despite Donald Trump announcing plans to halt production of one cent pieces in the US. The President announced last week the US Mint would stop manufacturing ...
The US President has told the US Treasury to no longer mint 'wasteful' one cent coins as he vowed to save American taxpayers' money 'a penny at a time'. Mr Trump claimed it 'literally costs us ...