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Treasury orders no new coins to be minted for first time as future of 1p and 2p in doubt

Treasury orders no new coins to be minted for first time as future of 1p and 2p in doubt

No orders for new coins intended for general circulation have been sent by the Treasury to the Royal Mint this year, the Standard can reveal, in a historic first for the UK’s money maker as officials weigh scrapping 1p and 2p coins altogether amid a continued decline in cash transactions.

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