It was fifty years ago on 15th February 1971, that we lost our pounds, shillings and pence and converted to decimal currency. It took some getting used to as prices rose sharply and we struggled to get used to what we called ‘funny money’,
Was it to bring us into line with Europe? It’s hard to credit now that the pound was 240 pennies and in future it would be worth 100 pence. Remember?
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