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Business News: Issue 243 14 May 2012

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parking payment, technology

New coinage could spark skin complaints

Patrick Mcdonnell

New 5p and 10p coins coming into circulation later this year could trigger skin complaints, medical experts fear. The new coins are minted from steel plated in nickel, which replaces the current cupro-nickel versions, which contains 75% copper and 25% nickel. The coins are being introduced because of the spiralling cost of copper.

HM Treasury estimates the switch could save up to £10m a year. However, the parking and vending industries say it has cost millions to alter their machines to...

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