The official currency used in the United Kingdom is the pound sterling. You might also hear this called the British pound, the pound or sterling and is subdivided into 100 pence to the pound.
The currency is split between both banknotes and coins.
Banknotes are divided into £50, £20, £10 and £5.
Coins are divided into £2, £1, 50p, 20p, 10p, 5p, 2p and 1p.
Below shows the currency value and name.
In the United Kingdom price labels in shops also includes the VAT, so the price displayed is what you are required to pay for that item.
Coins
1p
Pronounced one pee.
2p
Pronounced two pee.
5p
Pronounced five pee.
10p
Pronounced ten pee.
20p
Pronounced twenty pee.
50p
Pronounced fifty pee.
£1
Pronounced one pound.
£2
Pronounced two pound.
Notes
The image below shows the four banknotes used in the UK. You can tell them apart by colour
£5 note - blue
£10 note - orange
£20 note - purple
£50 note - red