Low value coins are set to remain in circulation and the system of rounding cash transactions won’t be explored further.
That’s according to the government, after asking the public for views on whether 1p, 2p and 5p coins should be withdrawn.
The consultation had over 1,000 responses, and after feedback the decision has been made to keep small change.
However, Treasury will not mint any further 1p or 2p coins due to the cost of production and storage.
Let’s make Hop Tu Naa a boo-tiful night for all, say police
Police are reminding parents to know what their children are up to this Hop Tu Naa.
Hose under the hammer, your chance to drive home a real fire engine!
Fancy driving home a fire engine this weekend?
'Once-in-a-generation’ estate hits the market for a £16.5 million
A property described as a 'once-in-a-generation' estate on the Isle of Man has been put up for sale.
Event to celebrate women in farming
The Department for Environment, Food and Agriculture is inviting people to an event celebrating women in farming.
Engineers confirm source of gas smell in Ramsey
Reports of a gas smell in Ramsey yesterday prompted engineers to carry out emergency works.
MHK questions if Island phones will get national warning alert
Will Island residents receive a test national warning alarm on their phones?
Trainee officers take on 40 mile kayak mission
Student constables will tackle a 40-mile kayak challenge this weekend for charity.
Join the RNLI team and help keep our waters safe
Ever wanted to join the RNLI? Well now's your chance!
