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£20,000: The cost of the new £1 for seaside pier

Credit: ITV Yorkshire

Managers at Skegness Pier say adaptations needed to make slot and change machines compatible with the new £1 coin will cost them £20,000.

That is expected to rise to more than £30,000 when new £10 and £20 notes also come in.

The owners think compensation or help should be available for small businesses to make the