When the United States Mint was created in 1792, one of the first coins it made was the one-cent coin. The image on the first ...

A year later, then Chancellor Philip Hammond, announced one penny and two pence coins would be kept in circulation. The proportion of UK retail payments involving cash fell from 52.57% in 2013 to ...

The cost of producing pennies continues to draw scrutiny, as the US Mint — a bureau within the US Department of the Treasury — spends more than two cents to manufacture each one-cent coin. President ...

The US President has told the US Treasury to no longer mint 'wasteful' one cent coins as he vowed to save American taxpayers' money 'a penny at a time ... insisted UK coppers were safe.

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...

Earlier the new department of government efficiency, headed up by Elon Musk, said that a one cent coin costs over three cents to make. The UK Treasury ... Some say the penny should follow suit ...

But dismally in 2024, the U.S. Mint announced that each one-cent penny cost 3.69 cents to manufacture – a price that amounts to over three and a half times the coin’s face value. The Treasury ...

Discoveries by detectorists, as well as beachcombers and mudlarkers — who search for items on riverbanks — shine new light into corners of British history. The necklace of glittering gold and garnet ...

The future of 1p and 2p coins is safe despite Donald Trump announcing plans to halt production of one cent pieces in the US. ...

Canada ditched its one-cent coin in 2012 citing the cost of minting it and its falling purchasing power due to higher prices. The declining use of cash meant the UK did not mint any new coins in ...

A record number of treasure finds have been reported in England, Wales and Northern Ireland, a report has found. There were 1 ...