Category Archives: Financial

The Royal Mint marks 100th anniversary of the Titanic with commemorative £5 coin

The Royal Mint has released the Titanic £5 coin in remembrance of the 100th anniversary of the historic ships’ maiden voyage in 1912. Designed by Royal Mint engraver, Lee Robert Jones, the coin commemorates a maritime legend.

The Titanic coins depict the instantly recognisable profile of RMS Titanic with the goddess Thane looking down on the ship as it sails through the Atlantic Ocean. Erected on 26th June 1920 as a memorial to all those who died, the marble figure of the goddess stands in Belfast, home of the Harland and Wolff shipyard, the biggest in the world at the time, where Titanic was constructed.

Commenting on his design, Jones said: “My design is concerned with the spectacle of the ship and her story. Thane, the goddess of death, is to reflect the significance of the event; she symbolises respect and sorrow for the loss that ultimately occurred. Her stark silhouette contrasts with the detailed image of Titanic, cutting through the waves with purpose and pride.”

The first voyage of RMS Titanic, the largest passenger steamship in the world at the time, began on 10 April 1912, when she set sail from Southampton to New York, with 2,223 people on board. Owned by the White Star Line, the luxurious passenger liner was one of three sister ‘Olympic class’ ships built to cater for the most elite passengers, her lavish fittings reflecting the opulence and elegance of the Edwardian age.

Late on the morning of 14 April 1912, RMS Titanic struck an iceberg leading to the ship sinking less than three hours later, a disaster that resulted in the loss of more than 1,500 lives.

Commenting on the new coin, Dr Kevin Clancy, Director of The Royal Mint Museum, said: “The story of Titanic has long captured imaginations. The passing of 100 years has not lessened the interest in the tragic outcome of her maiden voyage, the personal stories of those on board or the achievement of the iconic ship as a feat of British engineering. The Royal Mint’s coin will mark this occasion and, we hope, will be passed on to future generations to honour the lives that were lost, underlining the significance of RMS Titanic in British history.”

The Titanic Alderney* £5 coin has an uncompromising finish; struck to a higher quality than every day coinage. For more stand-out brilliance you can view silver coins available from the Royal Mint. For further information, please visit www.royalmint.com.

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Notes to Editors:
*The commemorative £5 coin is issued under the authority of the Channel Island of Alderney. The coin is legal tender in both the Channel Island and the UK, but it will not be issued into circulation. Alderney has issued commemorative coins since 1989.

About The Royal Mint
The Royal Mint has a history dating back over 1,000 years. By the late thirteenth century the organisation was based in the Tower of London, and remained there for over 500 years. By 1812 The Royal Mint had moved out of the Tower to premises on London’s Tower Hill. In 1967 the building of a new Royal Mint began on its current site in Llantrisant, South Wales. There were estimated to be 28.6 billion UK coins in circulation at 31 March 2011, with a total face value of £3.8 billion – all manufactured by The Royal Mint. 1.1 billion UK coins were issued during 2010-11.

The Royal Mint’s Llantrisant site was recently chosen to host the Prime Minister David Cameron’s first government cabinet meeting in Wales.

For media enquiries, please contact
Porter Novelli
The Royal Mint Press Office
31 St Petersburgh Place
London
W2 4LA
0207 853 2390
www.royalmint.com

Currencies.co.uk Launch New Online Property Portal

Buckinghamshire, UK, (17th February, 2012) – Currencies.co.uk, a leading foreign currency exchange provider, have launched a new online property portal, ‘Propertyline’.

Propertyline specialises in the buying and selling of overseas properties, featuring on their website property types such as city apartments, luxury villas, town houses and country retreats. Propertyline has thousands of properties to choose from, all of which are situated in sought-after locations across the world, including Greece, Spain, France, the Caribbean and Portugal.

Propertyline is able to offer competitive currency exchange deals through Currencies.co.uk, in addition to their property advertising and purchasing services, as part of their efforts to provide a comprehensive and convenient service to their clients.

A spokesperson for Currencies.co.uk commented: “Propertyline is designed to assist the millions of people in the UK who are considering investing in a property abroad, as well as those who are considering selling an apartment, villa or any other home overseas.

“Any agent that works with Currencies.co.uk can even advertise on the Propertyline website free of charge, so there’s no better time to take advantage of what this brand new website has to offer.”

For more information about Currencies.co.uk, call them on 0800 328 5884 (international +44(0)1494 725353) or visit their website at www.currencies.co.uk.

About Currencies.co.uk:

Currencies.co.uk is a leading foreign exchange providers and the first choice for thousands of businesses and individuals to save money when transferring funds. The well-established, award-winning company provides a friendly, efficient service to people moving money for everything from purchasing overseas properties to emigration and investment abroad. In the past ten years Currencies.co.uk has helped over 30,000 Britons to buy and sell property overseas.

Contact:
Stephen Hughes
Foreign Currency Direct PLC
Currencies Mews
Badminton Court
Old Amersham
Buckinghamshire
HP7 0DD
Free phone: 0800 328 5884
International: 0044 1494 725353
Email: info@currencies.co.uk

Consumers Wary of Mobile Payments

For immediate release – Thursday, 15 March, 2012

• 60 per cent of consumers would avoid using their mobile when paying for goods
• Security issues were the biggest concern for shoppers

The majority of consumers would avoid paying for goods and services via their mobile phone if offered the technology, according to exclusive research from leading shopping website VoucherCodes.co.uk.

Mobile payment systems, where consumers use a chip embedded in their smartphones to pay for goods and services, have the potential to revolutionise the way we shop and are becoming increasingly common in the UK. However according to the survey of 2,000 UK adults conducted by OnePoll, over 60 per cent of consumers would avoid paying via their mobile and a further 17 per cent would be interested, but would be worried about the systems working.

The most common reason for avoiding mobile payments were fears over safety, with over a third of consumers (36 per cent) worrying about the security of the technology. Around one in five (17 per cent) would worry about losing their mobile and being stranded without phone or money.

Unsurprisingly, younger consumers would be more comfortable using their phones as payment tools than older consumers, with 48 per cent of 18-25 year olds willing to adopt the technology, versus just 20 per cent of those aged over 55 years. Interestingly, only a third of women (33 per cent) would embrace mobile payments, versus around half of men surveyed (48 per cent).

The wariness around these technologies may be explained by the lack of information about how the systems that are out there. Well over half of respondents (55 per cent) were unable to name a single service that lets them transact through their mobile, showing there is still a lot of work to do before the technology goes mainstream.

Duncan Jennings, co-founder of VoucherCodes.co.uk commented: “Mobile payment technology is already widely used in other parts of the world and we can expect the UK to join the party sooner rather than later. The flexibility of the technology will offer a huge range of benefits for consumers, from easy to manage electronic receipts, to location based offers and discounts that get sent to a shoppers phone when they enter the store. The possibilities for mobile payments are endless and could revolutionise the shopping experience.

“However, as our research shows, the UK has a long way to go before mobile payment technology is accepted by consumers. While the number of outlets where smartphone payment is possible increases every day, providers need to start engaging with the public, allay their concerns around security and educate them on the benefits of this exciting new technology.”

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Notes to editors:
OnePoll carried out a survey of 2000 British adults between 1st and 3rd March 2012.

For more information please contact:
Duncan Skehens
PR Manager
VoucherCodes.co.uk
020 3597 7495
duncan.s@VoucherCodes.co.uk

About VoucherCodes.co.uk:
VoucherCodes.co.uk brings together the best voucher codes, 2-for-1 restaurant vouchers, printable vouchers, deals and sales for hundreds of leading online stores to help save you more money.

VoucherCodes.co.uk works with the UK’s favourite retailers and restaurants covering every imaginable product and service, so no matter what our customers are looking for we’re sure to have a great voucher code to help save them money.

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