Parking meters not ready for new £1 coin
Despite old-style £1 coins ceasing to be legal tender on Sunday 15th October 2017, some parking machines have still not been updated to accept the new 12-sided pound coin.
A report by the Daily Telegraph suggests as many as 5000 machines are still new prepared to accept the new tender, with several cash-strapped councils claiming they will not be updating their pay machines for months, with a compulsory deadline for annual maintenance in February. The delays could cause chaos for hundreds of thousands of drivers who will be risking fines should they find themselves short of alternative change. The British Parking Association (BPA) believes an additional 1,200 parking fines could be issued. The report suggests that the total number of motorists affected each day by the outdated machines could reach one million.
A spokesman at Maggi Electronics, who update machines for parking, feel the parking industry has been “especially slow” to adapt to the coin changeover.
Meanwhile, several retailers including John Lewis and Waitrose are reportedly defying the Royal Mint deadline and accepting the old £1 coin for an unofficial, extended period.
Read the full story here.