§ Mr. HigginsTo ask the Chancellor of the Exchequer whether the new copper-coated steel 1p and 2p pieces to be introduced in 1992 will, if magnetised, affect the operation of credit cards; and if he will make a statement.
§ Mr. Norman Lamont[holding answer 29 April 1991]: The Royal Mint has advised that it is not aware of any such problems in countries that have been using low carbon mild steel in coins.