Following on from communication in 2016, this is an update in relation to industry communications for the new 12-sided £1 coin.
Although overall the picture is positive, we know that some businesses are still not prepared for the new £1 coin and we are asking that you encourage those members who have not already done so to visit www.thenewpoundcoin.com to consider what they need to do before it’s introduction.
We are also continuing to communicate with industry in a number of ways outlined below:
Public and Business Communications Campaign
On New Year’s Day, a press release from HM Treasury announced that the new 12-sided £1 coin will be introduced on 28 March 2017 and that the current round £1 coin will lose its legal tender status at midnight on 15 October 2017. This had national and regional media coverage.
In relation to our communication tools:
Ø LinkedIn: https://www.linkedin.com/company/the-royal-mint
Ø Facebook: https://www.facebook.com/theroyalmint
Ø Twitter: www.twitter.com/royalmintuk (@RoyalMintUK)