Life in the UK

Geography & Society

The Pound Sterling

The currency of the UK is the pound sterling, written with the symbol £. One pound is divided into 100 pence. Some parts of the UK, such as Scotland and Northern Ireland, have their own banknotes.

Key facts

  • The currency is the pound sterling (£).
  • One pound is divided into 100 pence (p).
  • Coins include 1p, 2p, 5p, 10p, 20p, 50p, £1 and £2.
  • Scotland and Northern Ireland issue their own banknotes.

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