The Royal Mint has announced that the first coins to bear the effigy of King Charles III have officially entered circulation today.
In what marks the historic transition from Queen Elizabeth II to King Charles III on the public’s money, following the passing of the former back in September after 70 years on the throne, the first coins to bear The King’s portrait – are 50 pence pieces, and they will start to appear in circulation in Post Offices around the UK from today.
The coins not only bear The King’s face, but are also said to commemorate the life and legacy of the late monarch.
The reverse of the 50 pence features a design that originally appeared on the 1953 Coronation Crown, and includes the four quarters of the Royal Arms depicted within a shield, and in between each shield is an emblem of the home nations – a rose, a thistle, a shamrock, and a leek.
4.9 million 50 pence coins with King Charles III’s face on have been sent to UK Post Offices today.
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Today is a new era in British coinage. The first circulating 50ps featuring King Charles III's first coin portrait by Martin Jennings are entering circulation. We'll be sending 4.9 million to 9,452 @PostOffice branches throughout December – so keep an eye on your change! pic.twitter.com/M6Mv607TK0
The coin will first begin being distributing as change when customers make a purchase in store, The Royal Mint explains, before a total of 9.6 million 50ps eventually enter circulation in line with the public demand for them.
“Today marks a new era for UK coinage,” commented Rebecca Morgan, Director of Collector Services at The Royal Mint.
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“It’s a fantastic opportunity for coin collectors to add to their collections, or start one for the first time. We anticipate a new generation of coin collectors emerging, with people keeping a close eye on their change to try and spot a new 50p that bears the portrait of our new King.
“The Royal Mint has been trusted to make coins bearing the Monarch’s effigy for over 1,100 years and we are proud to continue this tradition into the reign of King Charles III.”
Also speaking as the coins enter circulation today, Nick Read – Chief Executive Office of the Post Office – said: “It is a tremendous honour for the Post Office that the first coinage featuring King Charles III is being released into circulation via our extensive branch network.
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“December is our busiest time of the year so the coin will be entering our network in a phased manner.
“If you don’t receive the new 50p in your change on your first visit to a Post Office, you may well get it in your change in a subsequent visit, so keep a look out for it.”
Coins with King Charles III’s face on have officially entered circulation today / Credit: Royal Mint
All approximately 27 billion UK coins with Queen Elizabeth II’s face on will remain legal tender and in active circulation, and will eventually be replaced over time as they become damaged or worn and to meet demand for new coins.
The Royal Mint explains that historically, it has been commonplace for coins featuring the effigies of different monarchs to co-circulate.
“This ensures a smooth transition, with minimal environmental impact, and cost,” The Royal Mint said.
Featured Image – Royal Mint
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Luxury Manchester gym Blok confirms permanent closure after weeks of uncertainty
Daisy Jackson
Blok Manchester has announced its permanent closure, weeks after the doors to the premium fitness facility mysteriously closed.
Around a fortnight ago, members began to arrive to their classes to find the gym on Ducie Street locked up and a forfeiture notice on the door – but at the time, Blok said that it was fighting to reopen.
Sadly, in an email sent to members today, its founder has confirmed that the studio is now permanently closed.
Blok – which has several very successful sites down in London – said that its relationship with its landlord has ‘broken down to a point where trust has been lost’.
The gym wrote that it’s been left with ‘no workable way forward’.
They said: “BLOK Manchester was a space built by our loyal and dedicated community. Whether you joined us for one class or one hundred, we are deeply grateful. You helped create something genuinely special in an incredible city.”
In the immediate future, they said they’ll be supporting the team of fantastic trainers who worked here, as well as looking after members.
Members will be contacted within a few hours with options and refunds owed.
Blok Manchester has announced its permanent closure. Credit: The Manc Group
CEO and founder Ed Stanbury said: “While this marks the end of a chapter, we don’t see it as the end of our story in Manchester. We’re already speaking with developers about potential future sites and remain committed to returning to the city when the time is right.
“Thank you for being part of our story so far. Let’s shape the future of wellness. The mission continues.”
Commenting on Blok’s Instagram post – its first in almost a fortnight – people have been sharing their sadness at the closure of its Manchester site.
One person wrote: “beautiful space, beautiful staff and beautiful community.”
Another said: “Sending love to all the instructors !! :(((( gutted”
Someone else commented: “THE BEST CLASSES. I’m gutted.”
‘The average cost of a pint’ in the UK by region, according to the latest data
Danny Jones
Does it feel like pints keep getting more and more expensive almost every week at this point? Yes. Yes, it does, and while you can’t expect a city as big as Manchester to be one of the cheapest places to get one in the UK, we do often wonder how it compares to other parts of the country.
Well, as it happens, someone has recently crunched the numbers for us across the nation, breaking down which regions pay the most and the least for their pints.
The data has been examined by business management consultancy firm, CGA Strategy, using artificial intelligence and information from the latest Retail Price Index figures to find out what the ‘average cost of a pint’ is down south, up North and everywhere in between.
While the latest statistics provided by the group aren’t granular enough to educate us on Greater Manchester’s pint game exactly, we can show you how our particular geographic region is looking on the leaderboard at the moment.
That’s right, we Mancunians and the rest of the North West are technically joint mid-table when it comes to the lowest average cost of a pint, sharing the places from 3rd to 8th – according to CGA, anyway.
Powered by consumer intelligence company, NIQ (NielsenIQ) – who also use AI and the latest technology to deliver their insights – we can accept it might seem like it’s been a while since you’ve paid that little for a pint, especially in the city centre, but these are the stats they have published.
Don’t shoot the messenger, as they say; unless, of course, they’re trying to rob you blind for a bev. Fortunately, we’ve turned bargain hunting at Manchester bars into a sport at this point.
We might not boast the lowest ‘average’ pint cost in the UK, but we still have some bloody good places to keep drinking affordable.
London tops the charts (pretends to be shocked)
While some of you may have scratched your eyes at the supposed average pint prices here in the North West, it won’t surprise any of you to see that London leads the way when it came to the most expensive pint when it came to average cost in the UK.
To be honest, £5.44 doesn’t just sound cheap but virtually unheard of these days.
CGA has it that the average cost of a beer in the British capital is actually down 15p from its price last September, but as we all know, paying upwards of £7 for a pint down that end of the country is pretty much par for the course the closer you get to London.
Yet more reason you can be glad you live around here, eh? And in case you thought you were leaving this article with very little, think again…