Shops will accept supermarket trolleys as payment instead of new £1 coins

Shops will accept supermarket trolleys as payment instead of new £1 coins

  Thousands of shops in the UK will ignore the Royal Mint’s deadline to stop accepting the old £1 coins and will happily receive payment in supermarket trolleys instead.   A small business trade organisation representing 170,000 companies, has advised its members to accept the trolleys as payment because the changeover period for the new…

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Pound is now lower than Lance Armstrong’s Tour de France race strategy

Pound is now lower than Lance Armstrong’s Tour de France race strategy

  The pound has lost so much value since last year’s Brexit vote that it is now rumoured to be lower than Lance Armstrong’s Tour de France race strategy.   British holidaymakers faced one of the worst exchange rates on record this weekend, with the pound falling so fast that simply saying the word ‘pound’…

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New one pound coin is so secure it only qualifies as legal tender in strip clubs

New one pound coin is so secure it only qualifies as legal tender in strip clubs

  The new 12-sided one pound coin went into circulation this week although the new security features mean it can only be spent at pound-in-the-pot strip joints.   Only a small number of the new coins were released initially, with strict limits placed on how many could be handed out and The Post Office was…

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Post-Brexit Sterling to resemble Battle Cat from He-Man

Post-Brexit Sterling to resemble Battle Cat from He-Man

      The Bank of America predicts the post-Brexit Pound will stop cowering in the corner like a timid kitten to undergo a miraculous transformation like Cringer from He-Man.   Despite being the foreign exchange equivalent of a mangy moggy that has been abandoned by its owners and left to fend for itself in…

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Unilever backs national campaign to ditch the faltering pound in favour of Marmite

Unilever backs national campaign to ditch the faltering pound in favour of Marmite

Consumer brand wholesaler Unilever last night threw its considerable weight behind a nationwide campaign to ditch the pound in favour of Marmite. The recent steep drop in the value of sterling as a result of Brexit means the cost of importing products into the UK has soared significantly and as a result, Unilever have spearheaded…

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