Wednesday 22 February 2017

Back To Old Money, Imperial Weights & Measures Post Brexit?

currency

There have been several articles in the press recently speculating about reverting back to pre metric weights and measures and old money once the UK leaves the EU. At first my reaction was that it was a great idea, but then I began to wonder. There is a well known British saying that goes ‘if it isn’t broke don’t fix it’ and I believe that they are usually wise words. I’m having a little debate with myself as follows:

Pounds, Shillings and Pence VS Decimal Currency

The decision to go decimal in this country was announced to parliament in 1966 after a very short conversation between then prime minister Harold Wilson and Chancellor of the Exchequer Jim Callaghan. Decimal coinage was gradually phased in until the last of the new coins were released on February 15th 1971. The banks even closed for 4 days to prepare for the final changeover.



Back To Old Money, Imperial Weights & Measures Post Brexit?

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