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British Government to launch a new one Pound Coin at the end of March and scrap the current one by October

The new 12-sided coin will be legal from March 28

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One pound coin. Wikimedia commons
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London, Jan 3, 2017: The British government will launch a new one pound coin at the end of March and scrap the current one by October. An announcement from the British Treasury on Sunday said the new 12-sided one pound coin would become legal tender on March 28 and the new coin would be produced by the Royal Mint in Wales, Xinhua news agency reported.

A total of 1.5 billion coins will be issued in the first minting.

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The new coin has been introduced to deter sophisticated counterfeiters who can now replicate the current coin, which has been in circulation for 30 years.

The new one pound has a distinctive 12-sided shape, recognisable even by touch and it is made of two metals, the outer ring is gold-coloured (nickel-brass) and the inner ring is silver-coloured (nickel-plated alloy).

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And if the coin is tilted it shows a latent image, like a hologram, which changes from a pound sign to the number one.

It will also feature the fifth coinage portrait of Queen Elizabeth II, the world’s longest-serving monarch who began her reign in 1952. (IANS)

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Delhi Woman Shot Dead In front of Husband, 2 Year Old Son

Her husband told police he had borrowed money from someone and alleged the lender was behind the killing as he was unable to pay the amount back.

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A woman was murdered in the early hours of the morning as the family traveled from Kashmere Gate to their home in Rohini in Delhi. Pixabay

New Delhi, October 25, 2017 : A 30-year-old woman was shot dead in the early hours of Wednesday in front of her husband and two-year-old son, police said.

Deputy Commissioner of Police Milind Mahadeo Dumbere told IANS the woman, Priya Mehra, was travelling in a car along with her husband and son when she was shot at around 4.30 a.m. in Shalimar Bagh in north-west Delhi.

Her husband told police he had borrowed money from someone and alleged the lender was behind the killing as he was unable to pay the amount back.

He had borrowed Rs 5 lakh in a high interest rate and as the debt grew into Rs 40 lakh, he was finding it difficult to pay back.

“There were four assailants in a car, according to the deceased’s husband, and she was shot at twice,” the police officer said.

Dumbere said no one has been arrested yet and the body has been sent to Babu Jagjivan Ram Memorial Hospital (BJRM) Hospital for autopsy.

The family was on the way to their house in Rohini from Kashmere Gate, when the woman was murdered. (IANS)

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