Bank of England's staff gym lockers not accepting new £1 coins

Katie Morley
One member of staff at the Bank of England Sports Centre in Roehampton, south west London said:

The Bank of England's staff gym has failed to update its lockers to accept the new £1, it has emerged, causing frustration among exercisers. 

Despite the new 12 sided coin becoming legal tender nearly a month ago on March 28, the gym has been forced to put signs up telling members to carry on using the old coins.

One member of staff at the Bank of England Sports Centre in Roehampton, south west London said: "You'd think that the Bank of England would have thought about this.

After all, they had more notice than anyone else. "You really couldn't make it up." The luxury centre in Priory Lane charges single members a £565 joining fee on top of £1434 annual membership.

The new £1 coin  Credit:  HM Treasury

The club boasts a pool, gym, tennis courts as well as an indoor centre for volleyball, badminton, netball, basketball and indoor football as well as three squash courts, table tennis tables and a snooker room.

When the coin first entered circulation a number of railways had failed to update their machines to take the new coins, potentially leaving customers to queue up at ticket offices to swap them for round pounds.

The new coin does currently work in shopping trolleys, vending machines and parking meters. The new pound coin was introduced to make it harder for counterfeiters to copy it as currently one in every 30 pound coins is fake.

Hailed by the Royal Mint as the most secure coin in the world, it has 12 sides, is made of two metals and also sports micro-lettering, milled edges and a hologram type feature changing a £ symbol to a number 1 when seen from different angles.

It will exist side by side with old coin until midnight on October 15 when the old coins will no longer be legal tender, though you will still be bale to deposit them at banks.

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