Britain won't scrap 1p and 2p coins, says No10 after Donald Trump bans minting of one cent coins Downing Street said 1p and 2p coins are not being phased out in the UK after Donald Trump ordered an end to minting one cent coins.
The Royal Mint, which produces all the coins of the UK, did not make any new two pence coins in the 2022/23, 2019/20 and 2018/19 financial years, according to its annual report .
Asked about the move and whether 1p and 2p coins would remain in Britain, the Prime Minister’s official spokesman said: “Yes, there are no plans to change our policy.”.
The Government announced last summer that it had decided against ordering more of the UK’s lowest-value coins this year, 2p and 1p, but was not scrapping them.
“Surveys suggest that six in ten 1p and 2p coins are used in a transaction once before they leave the cash cycle,” it said.
