Goodbye to the Round Pound

There's less than a month to go before the round £1 coin ceases to be legal tender.

It's believed one in thirty round £1 coins in circulation are counterfeit, and new, high secure, twelve sided coins were introduced in March this year to reduce the costs of counterfeits to businesses and the taxpayer.

But there is no need to go on a round pound spending spree. Although shops and businesses will not accept round £1 coins from customers from Sunday 15th October, the round coins can still be deposited into your bank account at most High Street banks and the Post Office.

If you want any more information about the transition, you can find it here: