Economy of Wales forestry and fishing together contributed 1.5%. As in the rest of the United Kingdom, the currency used in Wales is the Pound, represented by the symbol "£". The Bank of England is the central bank, responsible for issuing currency, and retains responsibility for monetary policy and is the central bank of the UK. The Royal Mint, which issues the coinage circulated over the whole of the UK, has been based at a single site in Llantrisant, south Wales since 1980, having progressively transferred operations from their Tower Hill, London site from 1968. Economic output per head has been lower in
Royal Canadian Mint in Elliot Lake, Ontario. A 1968 study showed the Ottawa Mint facility was antiquated. When the Royal Canadian Mint became a Crown corporation in 1969, many believed a decision would be reached.[7] But although funds had been allocated for a new facility, no real planning had begun. Emphasis was made on finding space in Ottawa. It was decided the Royal Canadian Mint would keep the historic building and have a new facility for manufacturing circulation coins. The federal government of the time, led by Pierre Trudeau, decided to decentralize many public services. The result was a claim for restitution from