The Bank of England is warning that anyone who still has hold of paper £20 and £50 bank notes only has 100 days left to use them.
While it’s true that by now, the majority of paper £20 and £50 banknotes in circulation across the UK have been replaced with new polymer versions, there is still believed to be a whopping £14 billion-worth unaccounted for, according to the Bank of England.
And there’s not long left to spend them or deposit them at your local bank.
It’s believed that, in current circulation, there are still more than £6 billion-worth of paper £20 banknotes featuring economist Adam Smith, and in excess of £8 billion-worth of paper £50 banknotes, which featuring entrepreneur Matthew Boulton and engineer James Watt.
In total, that accounts for 300 million individual £20 banknotes, and 160 million paper £50 banknotes.
ADVERTISEMENT
The Bank of England has issued a warning that there’s only 100 days left to use paper £20 and £50 banknotes / Credit: Pxhere
The last day these notes will have legal tender status is 30 September 2022.
Anyone who finds they still have these notes are asked to use them, or deposit them at their bank or a Post Office before the end of that month.
“Changing our banknotes from paper to polymer over recent years has been an important development, because it makes them more difficult to counterfeit, and means they are more durable,” explained Sarah John, chief cashier at the Bank of England.
“The majority of paper banknotes have now been taken out of circulation, but a significant number remain in the economy, so we’re asking you to check if you have any at home.
ADVERTISEMENT
“For the next 100 days, these can still be used or deposited at your bank in the normal way.”
Manchester has been named one of the ‘friendliest’ cities in the UK
Emily Sergeant
A new study has crowned Manchester as one of the ‘friendliest’ cities in the UK.
With reviews playing a huge part in the success of small businesses – especially in the hospitality and tourism sector – business insurance expert MoneySuperMarket has analysed more than 100,000 reviews of customer-facing businesses in over 100 cities worldwide to discover where the UK’s ‘friendliest’ places are.
Their new research reveals which cities nationwide attract the highest number of reviews that particularly highlight friendly staff and excellent customer service in their venues and attractions.
For each city, the reviews were analysed for mentions of friendly staff and excellent service.
Cities were then ranked by the percentage of reviews containing these markers – with the highest percentage earning the top spot for friendly customer service.
Manchester came in at a very respectable ninth place in the whole of the UK, with just over 50% of reviews mentioning friendly staff and service.
Other northern cities in the top 10 include Leeds at number six and Liverpool at number two, while looking at the global rankings, the UK dominates for friendliness – with four cities making the top 10, more than any other country in the world.
According to MoneySupermarket, the even spread of cities across the UK suggests that excelling in customer service is a national trait, rather than a local one.
European cities make up seven of the top 10 spots, suggesting that hospitality and friendly service are deeply embedded in the continent’s culture.
Featured Image – Manchester City Council
Trending
Bolton man sets Guinness World Record for most fish fingers eaten in a minute
Emily Sergeant
A man from Bolton has set a very unique world record.
Nathan Davies, from Westhoughton in Bolton, is on a roll – first he won £98,000 on ITV‘s hit gameshow The 1% Club, and now he’s a world record holder.
After telling the show’s host, Lee Mack, that he wanted to break a world record, the 32-year-old has followed through on the promise he made on national television by claiming the title for the most fish fingers eaten in one minute.
The dad-of-two managed to scoff down 15 fish fingers in 60 seconds.
A man from Bolton man has set the Guinness World Record for the most fish fingers eaten in a minute / Credit: Guinness World Record
Nathan chose fish fingers as they’re a staple in his household thanks to his two young boys, and after first testing how quickly he could eat four of them, he decided to go for the official Guinness World Record attempt.
“I decided fish fingers was achievable given that I’ve got a few less formal eating records, so it’s up my street,” Nathan explained of his world record attempt.
Despite his impressive effort though, Nathan admits he was still a little gutted about how many he managed to chow down in the allotted time, adding: “I think I could have done more if I had let them cool down longer, but just happy to have the record.”
Nathan says it’s a ‘bit strange’ to have an official Guinness World Record for eating fish fingers, of all things, but he is ‘very proud’ of it all the same.