50 years ago!
Decimalisation!
It was inevitable, and there were huge advantages from it of course, especially in fields of accountancy, IT etc.
There was a transition period where some of the coins were brought in before the day, but this served to confuse some people even more.
I was a visiting officer at the Dept of Social Security in Worthing at the time, dealing with income related benefits, and I spoke to quite a few claimants who were in bits over this, thinking their benefits had been reduced. So much so that I had to take extra tissues round with me - I called them Housing Benefit hankies.
Further pressure on those on low income was the fact that prices in the shops were routinely rounded up often to the nearest 5 or 10p. Not significant for larger items, but it mounted up on a food shop.
Comments
Sign in or get an account to comment.