Britain unveils 50 pence coin minted to mark Brexit


Brexit commemorative 50 pence coin that bears the terms “Peace, prosperity and friendship with all nations” is pictured in an mysterious site and uploaded to social media on January 26, 2020. HM TREASURY/Handout via REUTERS

LONDON (Reuters) – Britain unveiled on Sunday a new 50 pence coin minted to mark the country’s departure from the European Union, which bears the inscription “Peace, prosperity and friendship with all nations” and the Brexit day of 31 January 2020.

About 3 million of the cash will be dispersed from banks, post workplaces and outlets from Friday, the govt stated, with an additional seven million getting into circulation later on in the yr.

Finance Minister Sajid Javid, who is also Grasp of the Mint, was introduced with the first batch of cash.

“Leaving the European Union is a turning level in our historical past and this coin marks the beginning of this new chapter,” he claimed.

The finance ministry experienced planned to mint a coin inscribed 29 March 2019, the unique day of Brexit before Britain asked to increase its EU membership.

Javid afterwards ordered output to commemorate a new deadline of Oct. 31, but a further hold off place paid to that start and about just one million cash had to be melted down.

The invoice applying Britain’s exit from the European bloc officially became law on Thursday.

After far more than 3 yrs of bitter wrangling over how, when and if Brexit must consider area, Britain will go away the EU at 2300 GMT on Friday.

Our Specifications:The Thomson Reuters Have confidence in Principles.



Source url