x Abu Dhabi, UAEWednesday 26 July 2017

In pictures: UK’s new coin, sound as a pound?

The UK government has unveiled a 12-sided one-pound coin in a bid to stamp out fraud. Up to 3 per cent of £1 coins in circualtion are fakes, the Royal Mint estimates. Retailers, vending machine operators and other small firms however could face costs to alter coin slots.