Finance

Shops are ignoring £1 deadline but students could miss out

Published

7 years ago

10th October 2017

Shops across Winchester are ignoring the deadline to stop accepting the old £1 coins.

Many of the larger shops will disregard warnings from the Royal Mint, the government owned coin producer, and continue to accept the old currency.

But University of Winchester students will be missing out as their Student Union (SU) shop is one of the few that will be sticking to the deadline.

An SU representative said “We will completely stop accepting the old £1 coins as of this Sunday.”

Tesco said it would continue to accept the old coins for an extra week as a gesture of goodwill to its customers.

Although Poundland, the discount store, has said it will let customers continue to use the old coins well beyond the cut off date.

Barry Williams, Poundland’s managing director, has said he wants to stop customers having to “make a separate trip to the bank or the post office”.

The majority of country’s main retailers, including Tesco, Sainsbury’s, Poundland and Marks & Spencers, will continue to take the old £1 coins for another week following the deadline.

Business

Special Report: WINOL looks at how the Budget will affect students

Published

6 years ago

21st November 2017

Winol Reporter

[iframe width=”560″ height=”315″ src=”https://www.youtube.com/embed/qZs1upWvCB8″ frameborder=”0″ gesture=”media” allowfullscreen]

Chancellor Phillip Hammond will be delivering his Autumn Budget speech tomorrow.

Expectations are that it will be very positive for the youth.

Ian Sheridan helps us balance the books.

Business

Over a hundred new jobs created in Winchester

Published

6 years ago

21st November 2017

Winol Reporter

About 100 new jobs will come as a result of popular London restaurant The Ivy opening its Winchester location.

Alongside the eating place other popular shops will also makes its way into the city, with Turtle Bay, Tesco and TK Maxx adding to the selection of shopping and dining places.

Councillor Guy Ashton said: “This will widen the range of shops that are on offer in Winchester.

“It’s all about keeping Winchester being a great shopping and tourist destination and a great place to live and work.”

The job boom comes after a challenging year for Winchester business after L.K Bennet, Next, Jaeger and Zoe Jewellers closed down all within a few months.