British currency

Unlike most of Europe, which has adopted the euro, the UK has retained its traditional currency—the Pound; its symbol is £. Well, actually "traditional" is a relative term, as before D-Day (Decimalisation Day = 15th February 1971), things were bought and sold in "old money", that is, pounds, shillings and pennies.

The pound is divided into 100 pence; singular: penny; its symbol is p.

Prices of goods are written as follows: £5.20 or £5.20p or 97p.

The penny is often referred to as "pee" (/piː/). £1.25p is spoken as either "One pound twenty-five pee" or merely "one twenty-five"; £0.67p is "sixty-seven pee" or "sixty-seven pence".

Coinage specifications
Other coins (25p, £5) exist but are purely commemorative and not in general circulation.

Banknotes
There are several issuers of banknotes in the UK: