Tesco helps customers who still have old pound coins after Sunday’s deadline.
Welwyn Garden City, UK, 2017-Oct-13 — /EPR Retail News/ — In recent months, businesses across the UK have been preparing for the introduction of the new twelve sided £1 coin.
From Monday 16 October, as the old ‘round’ pound coin ceases to be legal tender, retailers will no longer be required to accept them and aren’t able to give them out as change.
Our tills and self-service machines are already accepting the new £1 coin, and are on hand to help with any questions our customers might have while they’re shopping. We’ve also been updating all 400,000 of our trolleys to take both the old and new £1, to make sure there’s no disruption for our customers.
However, with the Royal Mint estimating that there are still £500 million worth of old pound coins in circulation, many shoppers will be busy digging out old pound coins from bags, coats and the back of the sofa before the deadline.
That’s why, to help customers who still have old coins after Sunday, we’ll continue to accept round pounds at our tills and self-service machines for an additional week. While we won’t be giving out the round pounds in change, accepting the coins at our checkouts will give people just a little extra help – and make shopping a little bit simpler for lots of our customers.