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Copper coins will not be scrapped, as Theresa May announces rapid Spring Statement U-turn

Copper cash won’t be scrapped, Theresa Could has introduced, in one of many quickest U-turns within the historical past of Funds statements.

The Authorities has backtracked in simply 24 hours, after the shock risk to 1p and 2p cash introduced by the Chancellor was strongly criticised in some newspapers.

The Prime Minister’s spokesman acknowledged a backlash to the transfer, saying “the present denominational mixture of cash meets the general public’s wants”.

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