As we hurtle along the path to becoming a cashless society, many businesses have been forced to tweak their practices or pivot entirely. For the Royal Mint, the organisation responsible for making the coins many of us so rarely now carry, diversification has been an imperative.
By way of an answer, the privately limited company (whose sole shareholder is HM Treasury) today launches its debut “luxury lifestyle brand”. Specialising in jewellery and homeware, 886 The Royal Mint is intended as a new revenue stream that will preserve the skills of and create new opportunities for the Mint’s craftspeople.
