Forum | So the Bank of England have given the go ahead for 1pâ€™s and 2pâ€™s to be scrap by SitfcB

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So the Bank of England have given the go ahead for 1pâ€™s and 2pâ€™s to be scrap 18:46 - Aug 23 with 6209 views

...and they reckon it won’t mean a price increase on stuff?

Surely it would. Things that are 49p, 99p etc will all rise by a penny!

And what the f’ck would happen with all the arcades on the seafronts, can’t scrap them they are English tradition!!

https://www.bbc.com/news/business-45269390

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So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 20:06 - Aug 23 with 2846 views

hoppy

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 19:58 - Aug 23 by wkj
They'll make you suck off a penny and spit it back into the pump

Keno would be spilling over every time if they brought in the penny suck back rule...

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So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 20:06 - Aug 23 with 2846 views

Superblue95

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 19:57 - Aug 23 by FifeITFC
So what's going to happen when you're filling up your car and, like it usually does, clicks over to £30.01 etc? Saves finding that loose bit of change when the cashier makes no indication not to worry about the penny.

You'll be charged the extra penny if you pay by card though

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So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 20:10 - Aug 23 with 2837 views

hoppy

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 19:50 - Aug 23 by TractorWood
I put everything on card so it makes no difference to me. I've had the same single tenner in my wallet for about 2 months.

But if the price goes up, you’ll also be paying more even if you use a card, so of course it makes a difference.

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So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 20:25 - Aug 23 with 2823 views

wkj

Again, I feel i need to point out that price points ending in 5 and 0 are much more common now already.

[Post edited 23 Aug 2018 20:31]

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So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 20:30 - Aug 23 with 2815 views

jeera

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 19:50 - Aug 23 by TractorWood
I put everything on card so it makes no difference to me. I've had the same single tenner in my wallet for about 2 months.

Well that just sounds like a waste.

Feel free to post it on with any others you aren't using.

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Xmas dinner: Yorkshires or not?

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 20:40 - Aug 23 with 2797 views

stonojnr

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 19:52 - Aug 23 by Ryorry
Said exactly that the last time this discussion came round on here - obviously the BOE wasn't reading, doesn't care, or both!

They were but they got frightened off by bad headlines in the press so quietly put the idea on hold.

The point is it costs more to make those coins than they are worth,and no one spends them anymore you can't buy anything for 1p/2p, 2/3rds of them are sat in jars doing nothing not even donated to charity, and who in any case just donates a collection of 1p/2ps to a charity

We got rid of the ha'penny the world didn't end we can scrap 1p & 2p and not even notice it

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 21:06 - Aug 23 with 2778 views

jeera

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 20:40 - Aug 23 by stonojnr

But they don't need to make any more. There#'s loads already.

I've got bags of the things for a start.

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Xmas dinner: Yorkshires or not?

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 21:10 - Aug 23 with 2775 views

BanksterDebtSlave

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 19:46 - Aug 23 by J2BLUE
Buy 5 1p sweets.

Consumerism gone mad!

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So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 22:07 - Aug 23 with 2750 views

The_Last_Baron

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 18:51 - Aug 23 by BanksterDebtSlave
Digital money......what could possibly go wrong!

Once the Government can freeze you finances at the flick of a switch people will soon regret favouring plastic over cash.

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So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 23:28 - Aug 23 with 2711 views

Sarge

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 19:57 - Aug 23 by FifeITFC
So what's going to happen when you're filling up your car and, like it usually does, clicks over to £30.01 etc? Saves finding that loose bit of change when the cashier makes no indication not to worry about the penny.

Paying for petrol with cash?? A cashier?? Sometimes I challenge myself to get the amount on the nose but then think why bother as I don’t carry cash and there’s no cashier to show off my achievement to.

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 01:23 - Aug 24 with 2670 views

FifeITFC

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 19:50 - Aug 23 by TractorWood
I put everything on card so it makes no difference to me. I've had the same single tenner in my wallet for about 2 months.

Is that alongside the condom that should have been used by 2004?

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Lambert goes, would you prefer an ex-Town connection replacement or not?

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 07:18 - Aug 24 with 2629 views

StokieBlue

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 18:51 - Aug 23 by BanksterDebtSlave
Digital money......what could possibly go wrong!

In what way now is your money not digital? Unless you keep everything under the bed it is digital.

All digital would surely make it much harder to hide income from taxation?

SB

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So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 07:27 - Aug 24 with 2628 views

BanksterDebtSlave

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 07:18 - Aug 24 by StokieBlue
In what way now is your money not digital? Unless you keep everything under the bed it is digital. All digital would surely make it much harder to hide income from taxation? SB

Anybody, who has the choice, without access to at least a month or twos cash has too much faith in increasingly fragile systems ! The Emperor has no clothes.

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on 09:30 - Aug 24 with 2591 views

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 09:35 - Aug 24 with 2587 views

ITFC_Forever

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 19:57 - Aug 23 by FifeITFC
So what's going to happen when you're filling up your car and, like it usually does, clicks over to £30.01 etc? Saves finding that loose bit of change when the cashier makes no indication not to worry about the penny.

I would suggest the number of people paying for fuel by cash is very low - a lot lower than for other product categories.

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So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 09:41 - Aug 24 with 2580 views

hype313

on 09:30 - Aug 24 by _

Take them to one of those machines at supermarkets.

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on 09:57 - Aug 24 with 2570 views

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 09:41 - Aug 24 by hype313
Take them to one of those machines at supermarkets.

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 10:37 - Aug 24 with 2555 views

No9

It will increase prices to the consumer, history show that.

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 10:39 - Aug 24 with 2548 views

jjblue84

Charlie Mannings issue profit warning.....

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 11:14 - Aug 24 with 2519 views

J2BLUE

on 09:57 - Aug 24 by _

When I worked at Travelex I used to get people coming in with loads of them wanting me to change them up for them. I never did because we had no weighing machine and all coins had to be physically counted. Lots of people used to get stroppy and ask what to do and then react like i'd slapped them when I suggested they count them themselves and take them to a bank.

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So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 11:22 - Aug 24 with 2514 views

TractorWood

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 19:57 - Aug 23 by FifeITFC
So what's going to happen when you're filling up your car and, like it usually does, clicks over to £30.01 etc? Saves finding that loose bit of change when the cashier makes no indication not to worry about the penny.

Paying for petrol with cash? Madness.

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So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 12:10 - Aug 24 with 2478 views

StokieBlue

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 07:27 - Aug 24 by BanksterDebtSlave
Anybody, who has the choice, without access to at least a month or twos cash has too much faith in increasingly fragile systems ! The Emperor has no clothes.

That's lovely slavester.

Doesn't answer anything I asked though :).

SB

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So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 12:14 - Aug 24 with 2475 views

FrimleyBlue

That's not fair, what happens to all the good luck people pick up?!!!!!

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So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 12:15 - Aug 24 with 2474 views

ElephantintheRoom

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 19:46 - Aug 23 by J2BLUE
Buy 5 1p sweets.

When the farthing was withdrawn Blackjacks and fruit salads which were priced at one farthing were sold two for a halfpenny and four for a penny. I suspect some similarly deep economic thinking will be put to work

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So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 12:50 - Aug 24 with 2459 views

BtreeBlueBlood

So the Bank of England have given the go ahead for 1p’s and 2p’s to be scrap on 18:56 - Aug 23 by itfcjoe
If it is like Australia things still stay at that price (e.g. 99p) but when you come to the check out things round up or down to the nearest 5p. So if you spend £3.98 you lose 2p, but of it is £4.02 you gain 2p as get charged £4 either way

I BET ITS £4.05

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