Mystery surrounds the exact whereabouts of £50billion-worth of banknotes in circulation, according to a public spending watchdog. The National Audit Office (NAO), which said cash production capacity should be aligned closely to future needs, also said it could take at least a decade for current stocks of 2p and £2 …
Read More »The major job cuts since the start of the pandemic
London City Airport became the latest employer to announce major job losses since the start of the pandemic as it revealed plans that could see more than a third of the roles at the airport cut. The airport has announced it is cutting up to 239 jobs as part of …
Read More »New £2 coin to mark 100 years since Agatha Christie’s first novel
New £2 coins celebrating 100 years since Dame Agatha Christie’s first novel was published are being put on sale by the Royal Mint. Dame Agatha’s first novel, The Mysterious Affair At Styles, introduced Belgian detective Hercule Poirot to the world when it was published in October 1920. The novel ushered …
Read More »Royal Mint is releasing a new Winnie the Pooh 50p coin
The Royal Mint has announced it will be releasing a special coin to celebrate a much-loved children’s storybook character. The coin maker will be launching a Winnie the Pooh 50p as part of a collection inspired by AA Milne’s children’s stories. The new collection will follow in the footsteps of …
Read More »Full list of Pret a Manger branches set to close
Pret a Manger has become the latest high street chain to slash jobs after it cut 2,800 store roles as part of a major restructure. The coffee and sandwich chain has said more staff will be affected by its cost-saving shake-up than first thought, after suggesting in July that 1,000 …
Read More »50p coin sells on eBay for £400 because of ‘error’
A 50p coin which was released just 10 years ago in 2010 has sold on eBay for £400 thanks to a printing error. The coin was one of 7.4million released into circulation to celebrate the 100th anniversary of the Girl Guides. Because there are so many Girl Guide 50ps in …
Read More »The best GCSE present ideas you can order online
GCSE results day has arrived and millions of students across the country will be finding out the results of their exams. Families and friends may not be able to celebrate with their loved ones as easily as previous years due to lockdown restrictions but there are ways to show how …
Read More »New coin marks 75 years since end of Second World War
A new coin marking the anniversary of the end of the Second World War is being launched by The Royal Mint. In collaboration with the Imperial War Museum, the commemorative £5 coin was inspired by stone inscriptions on war memorials and features the words “war” and “peace”. This year marks …
Read More »Centuries-old gold coin from reign of James I on sale for £160k – here’s why it’s worth a fortune
A rare 17th Century gold coin of ‘unprecedented’ quality and valued at more than £160,000 is being sold by the Royal Mint. The hammered gold Spur Ryal, which dates from 1619-20, during the reign of James I, is said to be ‘perfectly struck’ and thought to be the highest calibre …
Read More »Royal Mint considering coin to commemorate Mahatma Gandhi
The UK is considering a minted coin to commemorate Indian independence hero Mahatma Gandhi. Chancellor Rishi Sunak wants to recognise the “profound contribution” of black, Asian, and minority ethnic (BAME) communities and has written to the Royal Mint Advisory Committee (RMAC). “RMAC is currently considering a coin to commemorate Gandhi,” …
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