Wales so closed in 1908; since then, although banks in Scotland and Northern Ireland continue to have the right to issue banknotes in their own countries, the Bank of England has a monopoly on the issue of banknotes in Wales. The Commercial Bank of Wales, established in Cardiff by Sir Julian Hodge in 1971, was taken over by the Bank of Scotland in 1988 and absorbed into its parent company in 2002. The Royal Mint, who issue the coinage circulated through the whole of the UK, have been based at a single site in Llantrisant since 1980. Since decimalisation, in 1971,
Royal Mint Court 2016 planning permission was granted for the grade II-listed building to be refurbished and the site redeveloped. The site of "Royal Mint Court" comprises three buildings, two of which are original 19th century creations for the Royal Mint. The third building is an interconnecting office complex built in the late 1980s after the mint relocated to Wales. In addition to the buildings, two listed structure are also within the site's forecourt; a 19th-century entrance lodge built by Robert Smirke and a set of cast iron lamps on stone white plinths. Designed in 1805 by James Johnson, the building was constructed