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Currency in the United Kingdom

The British currency uses a system of pounds, shillings, and pence. The smallest unit of currency is the penny or pence. In the past, the smallest coins were called farthings and ha'pennies. In the 1960s, inflation led to the withdrawal of the half-crown coin and the cancellation of farthings. The smallest coin was the penny, which was sometimes referred to as copper, due to...

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