Forgery resistant coin legal tender in IOM
New 12-sided pound coins come into circulation in the UK today.
Despite the Isle of Man not following suit and adopting the currency itself, the updated pound will be accepted as legal tender here.
Stores using devices such as self-service checkouts will have to update their systems if they want to accomodate the new coin however.
Customer Experience Manager at Tesco in Douglas, Alan Croly says they have already prepared for the change:
MHK asks whether chief minister will resign if new approach lacks support
Government proposing a five percent minimum wage rise
Tynwald: Chief minister delivers urgent statement
Former DOI minister informed via a 'two-minute whatsapp call'