Business

Iceland to continue to accept old pound coins until new year

Retailer Iceland has announced it is to continue to accept old pound coins until the end of the year.
Gareth McKeown

SUPERMARKET retailer Iceland has announced it is to continue to accept old pound coins until the end of the year.

Iceland will continue to accept payments in old 'round pound' coins at all its Iceland and The Food Warehouse stores until December 31, extending its previous deadline of October 31.

The old pound coin ceased to be legal tended on October 15, but a number of retailers chose to accept the currency up until the end of last month.

Iceland Group managing director Tarsem Dhaliwal said: "We try to help our customers in any way we can, and the statistics tell us that very many people must still have old pound coins stashed away in their homes or cars. So we are happy to save them the trouble of changing these old coins at a bank by allowing them to spend round pounds in our stores until the end of the year."

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