The Royal Mint made no new 1p and 2p coins last year, saying there are enough in circulation. The nearly worthless denominations aren't being phased out, though.
Cash use has fallen across the UK, and some feared the end of copper coins when the government announced a consultation on the mix of cash in circulation earlier this year. But the Treasury concluded that the coins were still needed, and said they would continue to be used "for years to come". Over 2 million people are estimated to be almost entirely reliant on cash in their daily lives, with the elderly, vulnerable and those in rural communities likely to be hardest hit by any decline in cash availability.
Canada ceased production of its 1c coin five years ago, but it remains legal tender. Australia and New Zealand ditched their 1c coins about two decades back. But the increasingly pointless American penny remains in business, held aloft by the tide of hysteria that washes in whenever the Treasury suggests getting rid of it.
Computer scientist Alan Turing, key to decoding Nazi communications during World War II, is to be the face of the new £50 banknote. The BBC: The work of Alan Turing, who was educated in Sherborne, Dorset, helped accelerate Allied efforts to read German Naval messages enciphered with the Enigma machine. Less celebrated is the pivotal […]
The Bank of England has unveiled its new £50 notes, which had been earmarked to honour a distinguished British scientist, and which will feature Alan Turing, the WWII hero who discovered many of the foundational insights to both modern computing and cryptography, and whose work with the codebreakers of Bletchley Park are widely believed to […]
It’s been a crackerjack year, hasn’t it? Kids are being held in concentration camps, whole species are disappearing from the face of the earth, our weather is absolutely borked and drinkable water is fast disappearing in many locales around the world. Everything is terrible! Except for when it isn’t. From The Globe & Mail: An […]
The field of data analytics is growing as fast as the internet itself. Self-driving cars, airline pricing, and huge marketing campaigns are all driven by the insights that data scientists can distill out of vast sums of information. Even with the help of powerful software like Python, it’s a highly skilled position. But those skills […]
If you’re marketing on the web, your Google-fu needs to be strong – and up to date. Without a firm grasp on what drives traffic, you’ll never be able to take the wheel. That’s why even if you know where to put your keywords, a little extra effort goes a long way on any marketer’s […]
Want to keep the dentist away? A little tooth care at morning and night isn’t bad, but it won’t keep the stains from smoking or fried foods at bay for long. If you enjoy your food and want to avoid the consequences, an upgrade from that old analog toothbrush can make a huge difference. Among […]