Submitted on Saturday 29th October 2016
Published on Thursday 17th November 2016
Current status: Closed
Closed: Tuesday 2nd May 2017
Signatures: 21
1p and 2p coins should be removed from circulation (cash transactions only)
We the undersigned want to see the 1p and 2p pieces removed from circulation, since they are no longer of a useful value.
Over time, due to inflation, the value of a coin decreases. The one and two penny pieces are now worth so little that we cannot buy anything useful with them.
It is important to clarify that this petition is not asking for ALL transactions to be rounded to the nearest 5p. This petition only applies to cash. It calls for removal of 1p and 2p coins, therefore any cash transaction would result in change given rounded to the nearest 5p.
Examples
- If I were to use cash to buy a bottle of milk costing 99p, I would receive no change, since 1p rounds down to zero.
- If I were to buy a cake costing 96p, I would receive 5p change, because 4p rounds up to 5p.
You can't sign this petition because it is now closed. But you can still comment on it here at Repetition.me!
18.188.96.17 Thu, 21 Nov 2024 11:37:57 +0000
