You're thinking in English, Nathan.
Actually, this is Ukrainian thinking ;) We have sounds similar to L and V, but not £, which for me (I am not a linguist) is a mixture of two or even better to English W.
Nathan, do you pronounce £ as L?
I try to pronounce it correctly, but it sounds a bit funny to me, as if I am not able to pronounce "L".
She kept saying ladny instead of ładny
You know, Seanus, when I read this, I realized that is exactly how I say it :)