It's a pound-ing headache for ELDC parking machines
ELDC will have to pay £5,350 to update their 75 parking meters across the district, ahead of the introduction of the new 12-sided one pound coin which will enter circulation in March.
An ELDC spokesman said that 47 ‘Metric’ parking machines will have their validators replaced at a cost of £4,370, while their 28 ‘Cale’ parking machines will have their validators sequentially updated at a cost of £980.
Find out more about the new £1 coin at www.royalmint.com.