Listening to the lunchtime news today on the radio and there is an announcement that as part of the spending review the Coalition has decided that the Royal Mint will have to use cheaper metal for the coins of our realm.
Starting off with the 5p and 10p but how long before the rest follow?
There’s still no joined up thinking in Government. While they may save money on the costs of the metal they will use, what about all the machines that will have to be changed to cope with the new coinage. Just off the top of my head.
Parking meters and pay and display machines
Automatic ticket machines
Machines that convert your loose change into notes
Arcade games machines
The list goes on. Does anyone ever, anywhere, think these things through and realise how much this is going to cost us.
Just thought of some more while writing this. If they’re going to change the £1 coin eventually what about all the supermarket trolleys that take a pound coin. And what about the self service checkout at the supermarket where you can pay in cash but also can get change if paying with a note. All of them will need adjusting.
Even the machines in the banks that weigh the coins in bags will have to be adjusted. And I have no doubt you can think of more. If I can come up with this lot is less than 10 minutes where are the brain cells in the Treasury?
Probably out for lunch.
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Filed under: Politics & economics