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 Mint the mint Andrew Stafford welcomed the decision stating that it would lead to further growth and secure the future of the business. On 31 December 2009, rather than being fully privatised, the mint ceased to be an executive agency and its assets vested in a limited company, "Royal Mint Ltd". The owner of the new company became The Royal Mint trading fund, which itself continued to be owned by HM Treasury. As its sole shareholder the mint pays an annual dividend of £4 million to treasury with the remaining profits being reinvested into the mint. In 2015 Chancellor of the