It is simply 1 pound. No need for decimal points or trailing 0s. Decimal only required that the place value of each digit is ten times that on its right. With the value 1, however, the base makes no difference.
1 pound in binary is 1 pound
1 pound in octal is 1 pound
etc.
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Eight tenths of a pond, presumably. It is not possible to be more precise without knowing if it is pound (money) or pound (mass).
£0.41
There were 240 pre-decimal pennies in a pound.
1 2 thousandths or 1/2000 in decimal form it would be .0005
It is 0.25 pound.