New £1 coin costs arcade owners money
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New £1 coin costs money to introduce, arcade man says.

The new £1 coin, introduced to cut counterfeiting, will bring added costs for businesses as a lot of machines need to be converted, an arcade owner at Southend claims.

"My machines cannot read the new coin and I don't think we have been given enough time," said Martin Richardson of Happidrome.

"A lot has to be done to make changes for the 12-sided new coin.

"We know what has to be done on this shop floor but I don't think government ministers or the Treasury listened when we fed back what we thought."

  • 28 Mar 2017
  • From the section Essex