Chancellor Philip Hammond is to rule on the fate of 1p and 2p coins later this week, a year after the Treasury’s spring statement announced they could be phased out and he called them “obsolete.”
The Treasury has declined to comment on whether or not the coins will stay but said “the result of the review will be announced shortly.”
Further information about the decision was confirmed to the Daily Mail by a government source who said: “We will confirm the penny coin won’t be scrapped. You’ll still be able to spend a penny under this government.”
Last year the Treasury announced a consultation into the use of cash in the “new economy” in which an increasing number of people were making digital payments.
It stated that eight per cent of copper coins were thrown away while 60 per cent were used just once before landing in jars. The shortfall meant the need to produce more than 500 million 1p and 2p coins to replace those that fell out of circulation.
But the government backtracked within 24 hours of making the surprise threat when PM Theresa May announced the coins will not be scrapped.
1/50 29 April 2019
Buster the Golden Retriever, belonging to David Torrance MSP, at this year’s Holyrood Dog of the Year competition, organised jointly by Dogs Trust and the Kennel Club at the Scottish Parliament Gardens in Edinburgh.
PA
2/50 28 April 2019
Liverpool’s Virgil van Dijk poses with his PFA Player of the Year award
PA
3/50 27 April 2019
Cyclists lay down as they take part in the Extinction Rebellion protest at the Tate Modern in London, Britain
REUTERS
4/50 26 April 2019
Liberal Democratic Party leader Vince Cable speaks at a launch event for the party’s candidates for the European Parliament election in London
AFP/Getty
5/50 25 April 2019
Extinction Rebellion protesters (left to right) Alan Heath, 55, research scientist, Jen Witts, 38, support worker for vulnerable people, Sian Vaughan 53, retired head teacher, Debbie Rees, 57, Gardener and artist, Kef Shimidzu, 55, tutor and learning support worker, Lucy Galvin, 53, civil servant and Johnny Woon, 60, retired, glued themselves to the entrances of the London Stock Exchange in the City of London
PA
6/50 24 April 2019
Engineers from the Canal and River Trust repair a leak at the base of a deep 200 year old, Grade II listed lock in Gloucester, where the tidal River Severn meets Gloucester Docks in the city and a specially manufactured steel dam is now holding back the river water, with more than 100 tonnes of accumulated silt being removed from the damaged area of the lock so that the team can undertake repairs
PA
7/50 23 April 2019
Amateur James Cahill celebrates beating snooker world number one, Ronnie O’Sullivan, in the first round of the World Championship. In arguably the biggest shock in the tournament’s history, Cahill held his nerve to beat five-time champion O’Sullivan 10-8 at the Crucible
PA
8/50 22 April 2019
Extinction Rebellion climate change activists perform a mass “die in” under the blue whale in the foyer of the Natural History Museum in London, on the eighth day of the environmental group’s protest calling for political change to combat climate change. Some 963 arrests have been made and 42 people charged in connection with the ongoing protests
AFP/Getty
9/50 21 April 2019
Firefighters tackle a large fire on Ilkley Moor in West Yorkshire
PA
10/50 20 April 2019
Police officers remove a potted plant that was placed in the occupation of Waterloo Bridge in London by Extinction Rebellion protesters
EPA
11/50 19 April 2019
British actress Emma Thompson gives an address from the stage atop the pink boat to climate change activists occupying the road junction at Oxford Circus in central London during the fifth day of environmental protests by the Extinction Rebellion group
AFP/Getty
12/50 18 April 2019
A burning car in Creggan, Londonderry after petrol bombs were thrown at police. Belfast Journalist Lyra McKee was killed during the riots. Police Service of Northern Ireland said that McKee was allegedly shot while reporting on clashes with dissident republican rioters
PA
13/50 17 April 2019
Members of the so called ‘Red Brigade’ march in disobedience on the street from Oxford Circus to Piccadilly Circus to protest in London. The group Extinction Rebellion is calling for a week of civil disobedience against what it says is the failure to tackle the causes of climate change
AP
14/50 16 April 2019
Extinction Rebellion demonstrators camp near Marble Arch, London, as more than 100 people have been arrested as police deal with ongoing climate change protests
PA
15/50 15 April 2019
Labour Party leader Jeremy Corbyn tries his hand at archery during a visit to Sunnyvale Fishery and Outdoor Activity centre, a youth crime reduction project in Calderdale
PA
16/50 14 April 2019
A woman photographs blossoming tulips in Holland Park
PA
17/50 13 April 2019
Lincoln City’s Bruno Andrade (left) and Shay McCartan celebrate being promoted after their Sky Bet League Two match at Sincil Bank, Lincoln
PA
18/50 12 April 2019
Supporters march during the YouthStrike4Climate demonstration in central London
AFP/Getty
19/50 11 April 2019
The Milky Way and millions of stars over Dinstanburgh Castle in the early hours of the morning. Dunstanburgh Castle is a 14th-century fortification on the coast of Northumberland in northern England, between the villages of Craster and Embleton. The castle was built by Earl Thomas of Lancaster between 1313 and 1322
PA
20/50 10 April 2019
German Chancellor Angela Merkel and Britain’s Prime Minister Theresa May react during an extraordinary European Union leaders summit to discuss Brexit, in Brussels
Reuters
21/50 9 April 2019
England’s Ellen White celebrates after her side go 1-0 up against Spain during their friendly match at the Energy Check County Ground, Swindon. The Lionesses went on to win 2-1
PA
22/50 8 April 2019
Labour party leader Jeremy Corbyn and fellow Labour MPs welcome the newly elected MP for Newport West, Ruth Jones (right), to the Houses of Parliament
PA
23/50 7 April 2019
James Cracknell celebrates after winning the Men’s Boat Race with Cambridge. Former Olympic and World Champion Cracknell, 46, became the oldest entrant in Boat Race history, qualifying after taking up a Master of Philosophy degree in human evolution
Getty
24/50 6 April 2019
Davy Russell, riding Tiger Roll, celebrates winning the Random Health Grand National at Aintree racecourse in Liverpool. He became the first horse since Red Rum to win back-to-back renewals
EPA
25/50 5 April 2019
Activists in hazmat suits and masks stop traffic in west London in a protest accusing authorities of lying after cancer-causing chemicals were found in soil close to Grenfell Tower
PA
26/50 4 April 2019
England football manager Gareth Southgate with the OBE that he received at an investiture ceremony at Buckingham Palace, London
PA
27/50 3 April 2019
Newborn lambs in a snow covered field near Allendale, Northumberland, after temperatures dipped below freezing overnight. Hill snow, sleet, showers and gales are expected for parts of the UK as the chilly snap keeps hold.
PA
28/50 2 April 2019
Armathwaite Hall hotel in Keswick, Cumbria holds Lemoga classes with the lemurs from Lake District Wild Life Park, who were mingling with the class to create a personal yoga experience which aims to heighten the sense of wellbeing for both lemur and human. With their friendly, outgoing personalities and love for human contact, lemurs make the perfect yoga buddies, helping people to laugh, unwind and stretch away their troubles
PA
29/50 1 April 2019
Fire fighters attend to two police cars that were destroyed after being set on fire outside Goldthorpe police station in South Yorkshire in a suspected arson attack
PA
30/50 31 March 2019
Forensics teams work at the scene of a stabbing in Edmonton in London. Four people have been stabbed in a spate of knife attacks in the north of the capital over the weekend
Getty
31/50 30 March 2019
Workers from the Honda plant in Swindon during a protest march through the town as the car giant will be urged to reverse its decision to close its UK plant
Unite South West/PA
32/50 29 March 2019
Pro-Brexit protesters outside Westminster as MPs voted on a Government motion on the EU withdrawal
PA
33/50 28 March 2019
England football captain Harry Kane is made an MBE (Member of the Order of the British Empire) by the Duke of Cambridge during an Investiture ceremony at Buckingham Palace
PA
34/50 27 March 2019
Gallery staff give a final dusting to the ‘Olympe’ sculpture by Aspencrow, modelled on Cara Delevingne and an interpretation of Medusa, as it is unveiled at the JD Malay Gallery in Mayfair, London
PA
35/50 26 March 2019
PD Marci with handler PC Neil Billany, PD Kai with handler PC Jean Pearce, PD Bruno with handler Rob Smith, PD Delta with handler PC Mark Snoxhall, PDSA vet Rosamund Ford, and PD Dave with handler PC Andy Salter at Borough market in London where the dogs were honoured with the PDSA Order of Merit for helping emergency services during the 2017 London terror attacks at Westminster Bridge, London Bridge and Borough Market
PA
36/50 25 March 2019
Britain’s Attorney General Geoffrey Cox arrives in Downing street, London for a cabinet meeting. British Prime Minister Theresa May will today chair a potentially volatile meeting of her cabinet amid reports of an attempted coup by colleagues over her handling of Brexit.
AFP/Getty
37/50 24 March 2019
Workers peeling off stickers left on the Cabinet Office door on Whitehall, London, left by anti-Brexit campaigners after they took part in the People’s Vote March
PA
38/50 23 March 2019
Protesters take part in the Put It To The People March on Whitehall in London. Thousands of protesters gathered for the march from Park Lane to Parliament Square calling for a public vote on the Governments final Brexit deal
Getty
39/50 22 March 2019
Britain’s Prime Minister Theresa May leaves after a news briefing after meeting with EU leaders in Brussels
Reuters
40/50 21 March 2019
The mosque and community centre on Albert Road in Birmingham where a police forensic team are at work after it had its windows smashed with a sledgehammer. An investigation involving counter-terrorism officers has been launched after four mosques in the Birmingham area were attacked overnight
PA
41/50 20 March 2019
Gallery technicians install Edvard Munch’s The Scream at the British Museum in London, ahead of the opening of Edvard Munch: love and angst exhibition, which runs from 11 April to 21 July
PA
42/50 19 March 2019
The ‘tall ship’ William II passes a wind turbine as it sails along the north east coast near Whitley Bay in Tyne and Wear after it set off from Blyth in Northumberland on a voyage round the coastline of Great Britain calling at 10 ports en route and changing crews at each stage. The Blyth Tall Ship project is a charity working alongside Blyth community volunteers to recapture the spirit of adventure that was employed in the town to discover the Antarctic 200 years ago and the turbine is part of a pilot field operated by EDF off Blyth which uses concrete float-and-submerge foundations
PA
43/50 18 March 2019
Messenger, the largest bronze cast sculpture in the UK, arrives in Plymouth Sound by barge as it makes its way to be installed outside Theater Royal Plymouth, Devon
PA
44/50 17 March 2019
Flooding in Silsdend, Yorkshire. Heavy rain has caused widespread flooding across the country. Flood warnings remain in place across the UK
PA
45/50 16 March 2019
Police at the scene in Fulham, west London where a 29-year-old man was stabbed to death this morning. The Metropolitan Police said it was called “to reports of a fight in progress” by ambulance crews and arrived on the scene at about 12.27am. The victim was found with stab wounds and died at the scene at 12.56am despite attempts by paramedics and members of the public to save his life
PA
46/50 15 March 2019
Schoolchildren gather around Queen Victoria Memorial at Buckingham Palace as they take part in a student climate protest in London. Thousands of pupils from schools, colleges and universities across the UK will walk out in the second major strike against climate change this year. Young people nationwide are calling on the Government to declare a climate emergency and take action. Similar strikes are taking place around the world today including in Japan and Australia, inspired by 16-year-old Greta Thunberg who criticised world leaders at a United Nations climate conference
Getty
47/50 14 March 2019
Families of those killed during Bloody Sunday march through Bogside in Derry, Northern Ireland. The Public Prosecution Service announced only one former British soldier is to be put on trial in connection with his role in the shootings that left 13 people dead in Derry on 30 January 1972. Families of those killed gathered outside The Museum of Free Derry, yards from where the killings took place, before marching to the city centre hotel to hear the announcement
Charles McQuillan
Getty
48/50 13 March 2019
Chancellor of the Exchequer Philip Hammond leaves 11 Downing Street as he heads to the House of Commons, to deliver his Spring Statement. He announced he was slashing the UK growth forecast and warned no-deal Brexit will destroy pledge to end austerity
PA
49/50 12 March 2019
British Synchronised swimmers Kate Shortman and Isabelle Thorpe, attempting to recreate their World Championship routine in a pool filled with plastic for The Big Bang Fair challenge, opening this week at the NEC Birmingham. The campaign for the Big Bang competition, which is the largest celebration of science, technology, engineering and maths (Stem) for young people in the UK has been created to help highlight how the eight million tonnes of plastic dumped in the world’s oceans every year affects marine life
PA
50/50 11 March 2019
Snow surrounds the Tan Hill pub in North Yorkshire
PA
1/50 29 April 2019
Buster the Golden Retriever, belonging to David Torrance MSP, at this year’s Holyrood Dog of the Year competition, organised jointly by Dogs Trust and the Kennel Club at the Scottish Parliament Gardens in Edinburgh.
PA
2/50 28 April 2019
Liverpool’s Virgil van Dijk poses with his PFA Player of the Year award
PA
3/50 27 April 2019
Cyclists lay down as they take part in the Extinction Rebellion protest at the Tate Modern in London, Britain
REUTERS
4/50 26 April 2019
Liberal Democratic Party leader Vince Cable speaks at a launch event for the party’s candidates for the European Parliament election in London
AFP/Getty
5/50 25 April 2019
Extinction Rebellion protesters (left to right) Alan Heath, 55, research scientist, Jen Witts, 38, support worker for vulnerable people, Sian Vaughan 53, retired head teacher, Debbie Rees, 57, Gardener and artist, Kef Shimidzu, 55, tutor and learning support worker, Lucy Galvin, 53, civil servant and Johnny Woon, 60, retired, glued themselves to the entrances of the London Stock Exchange in the City of London
PA
6/50 24 April 2019
Engineers from the Canal and River Trust repair a leak at the base of a deep 200 year old, Grade II listed lock in Gloucester, where the tidal River Severn meets Gloucester Docks in the city and a specially manufactured steel dam is now holding back the river water, with more than 100 tonnes of accumulated silt being removed from the damaged area of the lock so that the team can undertake repairs
PA
7/50 23 April 2019
Amateur James Cahill celebrates beating snooker world number one, Ronnie O’Sullivan, in the first round of the World Championship. In arguably the biggest shock in the tournament’s history, Cahill held his nerve to beat five-time champion O’Sullivan 10-8 at the Crucible
PA
8/50 22 April 2019
Extinction Rebellion climate change activists perform a mass “die in” under the blue whale in the foyer of the Natural History Museum in London, on the eighth day of the environmental group’s protest calling for political change to combat climate change. Some 963 arrests have been made and 42 people charged in connection with the ongoing protests
AFP/Getty
9/50 21 April 2019
Firefighters tackle a large fire on Ilkley Moor in West Yorkshire
PA
10/50 20 April 2019
Police officers remove a potted plant that was placed in the occupation of Waterloo Bridge in London by Extinction Rebellion protesters
EPA
11/50 19 April 2019
British actress Emma Thompson gives an address from the stage atop the pink boat to climate change activists occupying the road junction at Oxford Circus in central London during the fifth day of environmental protests by the Extinction Rebellion group
AFP/Getty
12/50 18 April 2019
A burning car in Creggan, Londonderry after petrol bombs were thrown at police. Belfast Journalist Lyra McKee was killed during the riots. Police Service of Northern Ireland said that McKee was allegedly shot while reporting on clashes with dissident republican rioters
PA
13/50 17 April 2019
Members of the so called ‘Red Brigade’ march in disobedience on the street from Oxford Circus to Piccadilly Circus to protest in London. The group Extinction Rebellion is calling for a week of civil disobedience against what it says is the failure to tackle the causes of climate change
AP
14/50 16 April 2019
Extinction Rebellion demonstrators camp near Marble Arch, London, as more than 100 people have been arrested as police deal with ongoing climate change protests
PA
15/50 15 April 2019
Labour Party leader Jeremy Corbyn tries his hand at archery during a visit to Sunnyvale Fishery and Outdoor Activity centre, a youth crime reduction project in Calderdale
PA
16/50 14 April 2019
A woman photographs blossoming tulips in Holland Park
PA
17/50 13 April 2019
Lincoln City’s Bruno Andrade (left) and Shay McCartan celebrate being promoted after their Sky Bet League Two match at Sincil Bank, Lincoln
PA
18/50 12 April 2019
Supporters march during the YouthStrike4Climate demonstration in central London
AFP/Getty
19/50 11 April 2019
The Milky Way and millions of stars over Dinstanburgh Castle in the early hours of the morning. Dunstanburgh Castle is a 14th-century fortification on the coast of Northumberland in northern England, between the villages of Craster and Embleton. The castle was built by Earl Thomas of Lancaster between 1313 and 1322
PA
20/50 10 April 2019
German Chancellor Angela Merkel and Britain’s Prime Minister Theresa May react during an extraordinary European Union leaders summit to discuss Brexit, in Brussels
Reuters
21/50 9 April 2019
England’s Ellen White celebrates after her side go 1-0 up against Spain during their friendly match at the Energy Check County Ground, Swindon. The Lionesses went on to win 2-1
PA
22/50 8 April 2019
Labour party leader Jeremy Corbyn and fellow Labour MPs welcome the newly elected MP for Newport West, Ruth Jones (right), to the Houses of Parliament
PA
23/50 7 April 2019
James Cracknell celebrates after winning the Men’s Boat Race with Cambridge. Former Olympic and World Champion Cracknell, 46, became the oldest entrant in Boat Race history, qualifying after taking up a Master of Philosophy degree in human evolution
Getty
24/50 6 April 2019
Davy Russell, riding Tiger Roll, celebrates winning the Random Health Grand National at Aintree racecourse in Liverpool. He became the first horse since Red Rum to win back-to-back renewals
EPA
25/50 5 April 2019
Activists in hazmat suits and masks stop traffic in west London in a protest accusing authorities of lying after cancer-causing chemicals were found in soil close to Grenfell Tower
PA
26/50 4 April 2019
England football manager Gareth Southgate with the OBE that he received at an investiture ceremony at Buckingham Palace, London
PA
27/50 3 April 2019
Newborn lambs in a snow covered field near Allendale, Northumberland, after temperatures dipped below freezing overnight. Hill snow, sleet, showers and gales are expected for parts of the UK as the chilly snap keeps hold.
PA
28/50 2 April 2019
Armathwaite Hall hotel in Keswick, Cumbria holds Lemoga classes with the lemurs from Lake District Wild Life Park, who were mingling with the class to create a personal yoga experience which aims to heighten the sense of wellbeing for both lemur and human. With their friendly, outgoing personalities and love for human contact, lemurs make the perfect yoga buddies, helping people to laugh, unwind and stretch away their troubles
PA
29/50 1 April 2019
Fire fighters attend to two police cars that were destroyed after being set on fire outside Goldthorpe police station in South Yorkshire in a suspected arson attack
PA
30/50 31 March 2019
Forensics teams work at the scene of a stabbing in Edmonton in London. Four people have been stabbed in a spate of knife attacks in the north of the capital over the weekend
Getty
31/50 30 March 2019
Workers from the Honda plant in Swindon during a protest march through the town as the car giant will be urged to reverse its decision to close its UK plant
Unite South West/PA
32/50 29 March 2019
Pro-Brexit protesters outside Westminster as MPs voted on a Government motion on the EU withdrawal
PA
33/50 28 March 2019
England football captain Harry Kane is made an MBE (Member of the Order of the British Empire) by the Duke of Cambridge during an Investiture ceremony at Buckingham Palace
PA
34/50 27 March 2019
Gallery staff give a final dusting to the ‘Olympe’ sculpture by Aspencrow, modelled on Cara Delevingne and an interpretation of Medusa, as it is unveiled at the JD Malay Gallery in Mayfair, London
PA
35/50 26 March 2019
PD Marci with handler PC Neil Billany, PD Kai with handler PC Jean Pearce, PD Bruno with handler Rob Smith, PD Delta with handler PC Mark Snoxhall, PDSA vet Rosamund Ford, and PD Dave with handler PC Andy Salter at Borough market in London where the dogs were honoured with the PDSA Order of Merit for helping emergency services during the 2017 London terror attacks at Westminster Bridge, London Bridge and Borough Market
PA
36/50 25 March 2019
Britain’s Attorney General Geoffrey Cox arrives in Downing street, London for a cabinet meeting. British Prime Minister Theresa May will today chair a potentially volatile meeting of her cabinet amid reports of an attempted coup by colleagues over her handling of Brexit.
AFP/Getty
37/50 24 March 2019
Workers peeling off stickers left on the Cabinet Office door on Whitehall, London, left by anti-Brexit campaigners after they took part in the People’s Vote March
PA
38/50 23 March 2019
Protesters take part in the Put It To The People March on Whitehall in London. Thousands of protesters gathered for the march from Park Lane to Parliament Square calling for a public vote on the Governments final Brexit deal
Getty
39/50 22 March 2019
Britain’s Prime Minister Theresa May leaves after a news briefing after meeting with EU leaders in Brussels
Reuters
40/50 21 March 2019
The mosque and community centre on Albert Road in Birmingham where a police forensic team are at work after it had its windows smashed with a sledgehammer. An investigation involving counter-terrorism officers has been launched after four mosques in the Birmingham area were attacked overnight
PA
41/50 20 March 2019
Gallery technicians install Edvard Munch’s The Scream at the British Museum in London, ahead of the opening of Edvard Munch: love and angst exhibition, which runs from 11 April to 21 July
PA
42/50 19 March 2019
The ‘tall ship’ William II passes a wind turbine as it sails along the north east coast near Whitley Bay in Tyne and Wear after it set off from Blyth in Northumberland on a voyage round the coastline of Great Britain calling at 10 ports en route and changing crews at each stage. The Blyth Tall Ship project is a charity working alongside Blyth community volunteers to recapture the spirit of adventure that was employed in the town to discover the Antarctic 200 years ago and the turbine is part of a pilot field operated by EDF off Blyth which uses concrete float-and-submerge foundations
PA
43/50 18 March 2019
Messenger, the largest bronze cast sculpture in the UK, arrives in Plymouth Sound by barge as it makes its way to be installed outside Theater Royal Plymouth, Devon
PA
44/50 17 March 2019
Flooding in Silsdend, Yorkshire. Heavy rain has caused widespread flooding across the country. Flood warnings remain in place across the UK
PA
45/50 16 March 2019
Police at the scene in Fulham, west London where a 29-year-old man was stabbed to death this morning. The Metropolitan Police said it was called “to reports of a fight in progress” by ambulance crews and arrived on the scene at about 12.27am. The victim was found with stab wounds and died at the scene at 12.56am despite attempts by paramedics and members of the public to save his life
PA
46/50 15 March 2019
Schoolchildren gather around Queen Victoria Memorial at Buckingham Palace as they take part in a student climate protest in London. Thousands of pupils from schools, colleges and universities across the UK will walk out in the second major strike against climate change this year. Young people nationwide are calling on the Government to declare a climate emergency and take action. Similar strikes are taking place around the world today including in Japan and Australia, inspired by 16-year-old Greta Thunberg who criticised world leaders at a United Nations climate conference
Getty
47/50 14 March 2019
Families of those killed during Bloody Sunday march through Bogside in Derry, Northern Ireland. The Public Prosecution Service announced only one former British soldier is to be put on trial in connection with his role in the shootings that left 13 people dead in Derry on 30 January 1972. Families of those killed gathered outside The Museum of Free Derry, yards from where the killings took place, before marching to the city centre hotel to hear the announcement
Charles McQuillan
Getty
48/50 13 March 2019
Chancellor of the Exchequer Philip Hammond leaves 11 Downing Street as he heads to the House of Commons, to deliver his Spring Statement. He announced he was slashing the UK growth forecast and warned no-deal Brexit will destroy pledge to end austerity
PA
49/50 12 March 2019
British Synchronised swimmers Kate Shortman and Isabelle Thorpe, attempting to recreate their World Championship routine in a pool filled with plastic for The Big Bang Fair challenge, opening this week at the NEC Birmingham. The campaign for the Big Bang competition, which is the largest celebration of science, technology, engineering and maths (Stem) for young people in the UK has been created to help highlight how the eight million tonnes of plastic dumped in the world’s oceans every year affects marine life
PA
50/50 11 March 2019
Snow surrounds the Tan Hill pub in North Yorkshire
PA
This was the second time that an attempt to wipe out 1p and 2p coins had been made after David Cameron blocked an earlier suggestion by George Osborne in fear of public opposition.
Last year’s Spring Statement triggered strong criticism from various newspapers including one which branded Mr Hammond a ‘pennies pincher”.
Some have suggested that removing the coins from circulation would cause prices to rise as retailers round up up prices to the nearest pound.
But the case for scrapping the copper coins was bolstered by The Bank of England in a paper August last year when it said the move would not cause inflation. BoE analysts stated: “Overwhelming weight of literature and experience, suggests it would have no significant impact on prices”.
The bank said the inflationary argument was “deeply flawed”. It said without pennies, sellers would round up or down their cash transactions to the nearest 50 instead of changing prices on individual items. Many countries had implemented this system and not experienced inflation.
