![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-sKhUI5y6U4KDFEFsVET2WT-N41nO3HVylQeJyMQMRQMM9G4MR7q_l5tKo2X8FrEFaD0FahfE_4gAhkt2F6Q3Hm6KN9pNq31c_n63QKiRP05hjuLS-yyqeOl5zT7lbHep-Ye5xTBiJ9l2/s200/george-osborne-pic-reuters-235439868.jpg)
Oh, no, you're not, you Bullingdon oik.
'Pence' is the plural which you would use if there were more than one. When there is only one, you use the singular, which is 'penny'.
It's a shame your very expensive education didn't make sure you left university aware of that.