The government, in a cost saving measure designed to save around £8M, has instructed the Royal Mint to issue new 5p and 10p coins (which are slightly thicker and made of a cheaper alloy).
However, the cost to the vending machine industry and local councils of updating machines to be able to take the new coins is estimated to be around £80M.
Add in the cost to the public of time wasted fumbling for coins that fit the upgraded machines (old coins won't work), and you have a remarkably unbalanced and inept "saving" measure applied by the government.
However, the cost to the vending machine industry and local councils of updating machines to be able to take the new coins is estimated to be around £80M.
Add in the cost to the public of time wasted fumbling for coins that fit the upgraded machines (old coins won't work), and you have a remarkably unbalanced and inept "saving" measure applied by the government.
