It can drive you crazy. Change rolling under the sofa, jingling in your coat pocket or clogging up your wallet. Because of this, many people do something as soon as they get home: open their wallet and take out their change. Germany is still a country which depends on cash. You pay with card in Scandinavian bakeries and English pubs. Some countries have even banned small change from everyday use – in the Netherlands, for instance, purchase prices are rounded to five cents. But coins are still commonplace in Germany. In Germany, small purchases are almost exclusively paid with cash: 96 percent of purchases valuing up to €5 are made with notes and coins, according to a study last year by the Bundesbank - the German Federal Bank. Moreover, people pocketed €107 on average, of which €6 was small change. How many coins people have lying around at home is harder to say. The Bundesbank estimates that about 60 to 70 percent of money that it gives out is now abroad. … [Read more...] about Why Germany has been minted as a coin carrying nation
50 cent 2016 coin
THE Bank of England is considering plans to scrap the one and two pence coins. It comes after economists claimed that scrapping 1p and 2p coins would not push up inflation. Here’s the latest... Will the 1p and 2p coins be scrapped? The Bank of England issued a blog post on Wednesday August 22, 2018 about their research into a potential scrappage of the coppers. The BoE’s economists say that retiring the coins will have “no significant impact on prices”. It’s not the first time the bank has thought about scrapping copper coins. In March, the BoE sparked national outrage when it called for evidence on cash and digital payments, claiming that most coppers – around 60 per cent – are only used once before they drop out of circulation. However, this was swiftly settled by the government who confirmed there were no plans to get rid of the coins. What did the Bank of England say in their blog? The BoE claims that in today’s age, there are very … [Read more...] about Will 1p and 2p coins be scrapped, what did the Bank of England say and would it affect inflation?
THE Government is going to review all 1.6 million claims for a disability benefit after it decided not to contest a High Court ruling. The ruling is expected to see around 220,000 people with mental health conditions receiving Personal Independence Payments (PIP) awarded higher payouts. Here is what the changes could mean for you and what the 2018/19 rates are... What are Personal Independence Payments? Personal Independence Payments are benefits paid to people aged between 16 and 64 who need help with the extra costs caused by long term ill-health or disability. It replaced the Disability Living Allowance scheme in 2013. Currently, the maximum amount a claimant can receive is £141.10 a week and the payout depends on how the condition affects you, not the condition itself. All claimants are assessed by a health professional before receiving any award. What was the High Court ruling against Personal Independence Payments? Regulations introduced in March prevented an award of the … [Read more...] about What are the changes to Personal Independence Payment? Disability benefits helpline, eligibility and 2018/19 rates
Today marks 36 years since Argentina seized control of the Falkland Islands from Britain, drawing the UK into an armed conflict that would prove to be one of the defining events of the 1980s for both countries. The disputed territories off the southern Patagonian coast had been part of the British Empire since 1833, but the Latin American nation had long felt bitterly that the “Islas Malvinas” were illegally occupied and truly belonged to Buenos Aires. In the early 1980s, Argentina was ruled by an unpopular military junta under General Leopoldo Galtieri, then facing civil unrest over the country’s tanking economy. Read more Families able to visit Falklands War graves after remains identified It needed an easy victory to win back public favour; a populist gesture to appease the people and unite the nation. It found it in claiming back the rocky, windswept Falklands, then mostly used for sheep farming or the … [Read more...] about Falklands War anniversary: Why did Britain enter armed conflict with Argentina over these windswept islands?
Thirteen at Columbine. Twenty-six at Sandy Hook. Seventeen at Marjory Stoneman Douglas. Over the past two decades, a handful of massacres that have come to define school shootings in this country are almost always remembered for the students and educators slain. Death tolls are repeated so often that the numbers and places become permanently linked. What those figures fail to capture, though, is the collateral damage of this uniquely American crisis. Beginning with Columbine in 1999, more than 187,000 students attending at least 193 primary or secondary schools have experienced a shooting on campus during school hours, according to a year-long Washington Post analysis. This means that the number of children who have been shaken by gunfire in the places they go to learn exceeds the population of Eugene, Oregon, or Fort Lauderdale, Florida. Read more Parkland survivor urges using ‘white privilege’ to amplify stories Many are never the same. School shootings … [Read more...] about For survivors of school shootings in America, life is never the same