No New 2p or £2 Coins to Be Made for 10 Years
In the News
The Royal Mint has no plans to make new 2p or £2 coins for the next 10 years.
A coin mountain lies in storage as demand has dropped, in contrast to banknotes.
Coin-making has been cut by The Royal Mint but stocks of every coin in circulation are exceeding its targets. For £2 coins, the hoard is 26 times over target.
I’m not surprised, because even if I do handle cash, I rarely see 2p or £2 coins - in contrast, there are often lots of 1p and £1 coins about
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