§ Mr. Shersbyasked the Chancellor of the Exchequer what estimate he has made of the cost to public funds of changing from existing coinage to the revised coinage proposed in option 4 as set out in "The United Kingdom Coinage", published by the Royal Mint.
§ Mr. BrookeThe new 5p and 10p coins proposed in option 4 are smaller than the existing coins and would be cheaper to produce. The total saving over a 10-year period, dependent on the demand for the new coins, would be of the order of £3 million at today's prices.