£40m of loose change sitting in our sofas

More than £40m in loose change could be lost down the back of sofas in Britain.

The Halifax bank says the average person thinks they have 1.61 down the back of their sofa, while two-thirds of us regularly find loose coins.

Pockets, bags, and cars are also common places to mislay money, researchers found.

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Desk drawers usually contain the highest amount of change. On average, people believe they have 17.69 lying around.

When it comes to picking up money in the street, most would pick up no less than 50p, unless it was a 1p coin and could be lucky.

ICM surveyed 2,029 people for Halifax between July 29 and August 1.

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