Aldi and Iceland commit to accepting old pound coin until end of month

  • Print
  • Share
  • Comment
  • Save

The new £1 coin

The new £1 coin has been in circulation for some time, but the old version will soon cease to be legal tender

Iceland and Aldi have committed to accepting the old pound coin until the end of the month, two weeks after it ceases to become legal tender.

The frozen food chain and discounter are looking to capitalise on the “hundreds of millions of the old coins” that remain in circulation just three days before the 15 October deadline.

All branches of Aldi, Iceland and The Food Warehouse will continue to accept the former £1 coin until 31 October.

“We have been ready to accept the new pound coins since they entered circulation in March and all our trolleys have been converted to accept both new and old style coins,” said Iceland Group MD Tarsem Dhaliwal.

“However, it is very clear that hundreds of millions of the old coins remain in circulation just three days before the Royal Mint’s deadline,” he added. “We are keen to help our customers by making it possible for them to spend them in our stores rather than having to take them to a bank.

“So our message is: bring your old coins to Iceland and I’m sure you will be amazed at what you can buy for a pound!”

Have your say

Sign up to a Free 30 day Gold Membership Trial

  • Claim your free trial >>
  • You will be able to:

    - Comment on your industry
    - Read the latest category information
    - Find out more on consumer behaviours to technological advances

    You must sign in to make a comment

    • Print
    • Share
    • Comment
    • Save



    CLICK HERE to search for the products, services and companies you need in the definitive guide to the UK food and drink industry.

    Need more than 5 subscriptions? Make your life easier with a Corporate Account. Find out more.



    Yes!I want to read more     CLAIM FREE TRIAL NOW
    Sign up to a 30 day free trial