New steel 5p and 10p coins a ‘disaster’

by admin | 19th January 2012

New steel 5p and 10p coins a ‘disaster’

Britain’s 5p and 10p coins are to be substantially changed next year, causing potential chaos for the millions of people using vending machines and parking meters.

The changes, which involves the coins being made from a different metal and becoming thicker, have never been officially announced by either the Royal Mint or the Treasury. Some experts have told The Daily Telegraph the change is a “disaster” and they are becoming increasingly alarmed the new coins will fail to work in hundreds of thousands of machines, and that the costs of implementing changes will run to as much as £100 million.

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The Telegraph – 19th January 2012

Page last updated: January 19th, 2012 at 5:22 am