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Time running out to offload old £1 coins

By Vicky Shaw

Shoppers have only this weekend left before the old round pound rolls out of general circulation - with hundreds of millions of coins still to be handed in.

While some stores will let people continue spending their round pounds for a limited extra period, the coins will no longer be legal tender from midnight on Sunday.

Around 450m old round coins are still in circulation, while people have been returning them at a rate of up to 60m per week.

Major banks and building societies have said they will continue to accept deposits of the old round pound after the deadline on Sunday.

People can also deposit them into any of their usual high street banks through the Post Office after this date.

Iceland and Poundland said they will accept the old round pound until October 31.

And Tesco has said it will accept them for a week after the deadline.

Belfast Telegraph

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