14-03-2018 19:46 via uk.news.yahoo.com

Saved! Future of 1p and 2p coins rescued amid backlash

The Government has signalled 1p and 2p coins won't be scrapped - a day after the Treasury announced a consultation on their use.As part of his spring statement on Tuesday, the Chancellor announced a call for evidence on encouraging cashless and digital payments.In documents released alongside Philip Hammond's update on the UK economy, it was revealed the Government wants to know whether the "current denominational mix meets the needs of cash users".
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