As the modern era of a cashless society rolls relentlessly onwards and due to inflation the value of it ever decreasing, the Bank of England Governor Mark Carney has raised the prospect that like the half pence in the 1980’s the Penny be removed from circulation. The fact that the banking chief claims to rarely… Continue reading A Brief History of the Penny
Tag: Money
The Bank of England issues plastic £5 notes
Tuesday sees the Bank of England issuing the first in the range of plastic bank notes which will begin the process of phasing out paper money forever. The first note to be issued with be the £5 note and will see Sir Winston Churchill on one side of Fivers whilst the Queen will keep her… Continue reading The Bank of England issues plastic £5 notes
Stephen Liddell 