Search News

Results: 21-30 of 60


Benefits of knitting discussed on ITV's This Morning

8 Mar 2018

Following a report by Knit for Peace

Read more…

Paper 10 banknote withdrawn from circulation

1 Mar 2018

Paper notes no longer legal tender from today

Read more…

Independent retailers champion sector in Parliament

21 Feb 2018

NFRN take concerns to parliamentary meeting

Read more…

Christmas period

17 Jan 2018

Footfall and sales were in decline

Read more…

Christmas spending on the high street expected to fall for first time since 2012

22 Nov 2017

ONline sales set to rise but high street in decline

Read more…

"The time has come to recognise the contribution the arts can make to our health and wellbeing."

8 Nov 2017

The arts can help keep us well, aid recovery and support longer lives, better lived.
Read more…

Significantly more independent stores opening compared to chains

11 Oct 2017

More independents opened in first half of 2017 vs 2016
Read more…

New polymer 10 banknote enters circulation

18 Sep 2017

New note comes into circulation

Read more…

Woolcraft business secures Dragons' Den investment

6 Sep 2017

Wool Couture secures investment to inspire new generation of crafters
Read more…

Back to news menu

New polymer 10 banknote enters circulation

Posted on in Business News, Cycles News, Creative News, Outdoor News

The new £10 note entered circulation on 14th September, featuring Jane Austen and printed on polymer like the new £5 note.

http://www.bankofengland.co.uk/banknotes/PublishingImages/new_ten/banner.jpgRetailers will begin to see the notes as they enter general circulation. The old paper £10 notes can still be used, but will gradually be withdrawn before the legal tender status is withdrawn in Spring 2018 - the exact date still to be announced.

Security features on the new £10 note include

  • A see-through window featuring the Queen's portrait
  • Winchester Cathedral shown in gold foil on the front of the note and silver on the back
  • A quill at the side of the window which changes from purple to orange
  • A hologram which contains the word ‘Ten' and changes to ‘Pounds' when the note is tilted
  • A hologram of the coronation crown which appears 3D and multi-coloured when the note is tilted
  • A book-shaped copper foil patch which contains the letter JA
  • Micro-lettering beneath the Queen's portrait with tiny letters and numbers that are visible under a microscope
  • The words ‘Bank of England' printed in raised ink along the top of the note

Further details about The New £10 note can be found on www.thenewten.co.uk

In Scotland, Royal Bank of Scotland have confirmed that the Scottish £10 polymer note will enter circulation on 4th October and Clydesdale Bank have confirmed that their new £10 note will enter circulation on 21st September. Bank of Scotland have yet to announce the date that their £10 bank note will enter circulation.

In addition to the new £10 note, the old £1 coins will cease to be legal tender in less than a month's time (15th October 2017). The new £1 coin entered circulation on 28th March 2017 and has a six-month co-circulation period, which means both coins can be accepted.

 

Back to news menu

Add a comment




The Creative Experts will not share your email address with anyone and it will not be published on the website.