Last chance to spend your old £10 notes

Last chance to spend your old £10 notes

As of 1 March, the old £10 notes will no longer be legal tender.

The new polymer notes went into circulation on 14 September 2017, and feature the author Jane Austen who is best known for Pride and Prejudice. The new £10 note follows the same design of the new £5 note which went into circulation in September 2016 and features Sir Winston Churchill. A new £20 note, made of the same polymer material, is expected to be released in 2020 and feature painter JMW Turner.

The new notes are not the only methods of payment to recently come out. Britain recently saw the release of a new 12-sided £1 coin which replaced the old round one.

After March 1st, your old notes will no longer be accepted in shops or restaurants. To swap old notes after the date, members of the public are advised to go to their bank, post office or building society. Some banks may refuse to accept them however the Bank of England will be legally obliged to do so.

 

Image – Flickr / Images Money


Section: News

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