Piggy banks still holding £540m in european currency

Professional Adviser
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UK consumers are being urged to check their piggy banks, jars and sock drawers for European coins an...

UK consumers are being urged to check their piggy banks, jars and sock drawers for European coins and currency and cash it in quickly after a survey revealed there could be around £540m in European currencies just lying around in UK homes. A study conducted by NOP for Barclays Bank points out that with just six weeks to go before the Euro is introduced and less than four months to go before pre-Euro currencies are no longer legal tender, most consumers have yet to cash in their old currency which is thought to be worth around £35 to the average household. According to the survey: 70...

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