American's Confusion Over UK Bank Notes Explained
An American visitor was left puzzled by different UK banknotes. We explain the history of Scottish and Northern Irish notes, why some shops refuse them, and the ongoing debate about cash in Britain.
Category : Search result: Scottish currency
Scottish retailers warn of mass closures over business rates
A coalition of 37 major retailers warns SNP ministers that failing to match England's business rates discount in next week's Budget will push shops to the brink, risking thousands of jobs.
Scottish Party Leaders Set Out Election Pledges for May
SNP's John Swinney pushes for independence referendum, Labour's Anas Sarwar targets 'competence', and Tory Russell Findlay focuses on tax cuts as the Holyrood election campaign begins. Read their key pitches.
Iran appoints new central bank chief after rial hits record low
Iran appoints Abdolnasser Hemmati as central bank governor following mass protests triggered by the rial's record fall and 40% inflation. The move aims to stabilise the currency and control soaring prices.
Bulgaria adopts euro, becomes 21st Eurozone member
Bulgaria enters the euro currency union on 1 January, a historic step for EU integration met with public anxiety over prices and political instability. Discover the economic implications.
Iran Central Bank Governor Resigns Amid Currency Crisis and Protests
Iran's rial hits historic low, triggering widespread protests and the resignation of Central Bank Governor Mohammad Reza Farzin. Inflation soars above 42%. Read the latest on the economic turmoil.
Iranian Traders Protest as Currency Hits Record Low
Iranian traders stage second day of protests after the rial's collapse to 1.42 million against the dollar. Inflation soars to 42.2%, fuelling fears of hyperinflation. Read the full analysis.
Bulgaria adopts the euro on 1 January 2026
Bulgaria prepares to swap the lev for the euro, becoming the 21st eurozone member. Explore the public's mixed reactions and what this means for the EU's southeast frontier.
The Rise of Virtual Currencies in Gaming
Explore how virtual currencies like Minecoins and Robux are transforming the gaming landscape for children and families, raising new questions about spending and digital value.
Iranians Seek Portable Wealth as Rial Falls After War
Following the June war with Israel, Iranians are converting savings into gold, silver, and gems as a hedge against a collapsing currency and fear of renewed conflict. Discover the surge in demand.
Iranian Currency Plummets to New Low Under Sanctions
Iran's rial currency has collapsed to a historic low of 1.2 million to the US dollar, intensifying economic hardship for citizens as nuclear sanctions bite. Discover the causes and consequences.
US Mints Final Penny, Ending 232-Year Era
The United States Mint has struck its last circulating penny, ending 232 years of production. The final coins, marked with an omega, are expected to fetch millions at auction. Discover the full story behind this historic monetary shift.
Why You Still Need Cash When Travelling Abroad
Travel experts warn that ditching cash abroad is a false economy. 39% of travellers faced situations where cash was essential, leading to costly fees and poor exchange rates. Learn how to protect your money.
Penny withdrawn after 232 years in circulation
The Royal Mint ceases penny production after 232 years, marking the end of Britain's longest-circulating coin. Discover the economic factors behind this historic decision.
US stops penny production after Trump order
The US Mint halts penny production as President Trump cancels the 1-cent coin, citing its 4-cent production cost. Discover the retail impact and the end of a 232-year era.
US Mint Stops Penny Production in 2025
The US Mint will halt penny production in 2025, ending 234 years of history. Discover why the coin became too expensive to produce and what happens next.
US Mints Final Penny as Trump Cancels 1-Cent Coin
President Trump ends US penny production to save $56 million annually. Discover the historic move's impact on retailers and the future of small change.
Final US Penny Struck as Coin Gets Cancelled
The US Mint in Philadelphia produces its last circulating penny as President Trump cancels the 1-cent coin due to soaring production costs. Discover the economic impact and public reaction.
Scottish Government performs dramatic tax U-turn
Deputy First Minister John Swinney abandons key election pledge as Scottish Government announces income tax increases in major policy reversal, breaking SNP manifesto commitment.
Civil servants forced into independence paper meetings
Scottish Government officials have been compelled to attend multiple meetings to accelerate work on a new independence prospectus, sparking concerns about civil service neutrality and taxpayer resources being used for constitutional campaigning.
Police warn over Taylor Swift party with altered Rwanda banknote
Police intervene after social media post promoting unofficial Taylor Swift event in Southport features altered currency, raising concerns about public safety and potential offence.
UK Penny Shortage Leaves Shoppers Shortchanged
Britain's small change shortage leaves retailers struggling and consumers losing out as 1p and 2p coins vanish from circulation, creating a nationwide payment problem.
Pound crashes to 5-week low after Labour budget
Sterling tumbles to five-week low against US dollar as Chancellor Rachel Reeves's first budget announcement triggers market concerns over UK economic stability and potential tax increases.
Rangers and Celtic clash over VAR and refereeing standards
Explosive fallout as Rangers and Celtic clash over refereeing standards after dramatic League Cup semi-final, with VAR at the centre of the storm.
St Mirren's steel proves substance beats sexy football
Discover how St Mirren FC is redefining success in Scottish football with their gritty, determined approach that proves substance often trumps style in the beautiful game.
US retailers battle worsening coin shortage crisis
American retailers including Giant Eagle and Sheetz are implementing creative solutions as a nationwide coin shortage forces changes to cash transactions.
SNP leadership crisis as John Swinney faces internal rebellion
Exclusive: Senior SNP figures challenge John Swinney's leadership as party faces critical questions about independence strategy and policy direction amid growing internal tensions.
Swinney rules out Scottish income tax increases
SNP leader John Swinney makes significant commitment to Scottish taxpayers, pledging no further income tax increases while challenging Labour's economic plans ahead of Westminster election.
Pound Plunges as Budget Tax Rise Fears Grip Markets
The British pound faces mounting pressure as investor anxiety grows over anticipated tax rises in the upcoming budget, sending currency values tumbling and raising economic alarm bells.
Rodgers: Falkirk Not Ready for Scottish Premiership
Celtic manager Brendan Rodgers has emphatically dismissed Falkirk's chances of competing in the Scottish Premiership, questioning their quality despite their League One dominance.
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