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One of the most vociferous arguments made against scrapping 1p and 2p coins in the UK is that shops would automatically round up prices.

But analysis by Bank of England economists says the fear of everything becoming more expensive would be unfounded if coppers were ditched.

It says card payments make the issue irrelevant, and far fewer items are now priced ending in 99p.

The government recently ruled out scrapping coppers amid a backlash.


BBC News

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