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Independent shops better than big retailers at surviving COVID in the UK

1 May 2024

Small shops have been more "agile" at fighting COVID sale slumps than chain stores, according to a new report.
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Bike shops and cyclists alike urged to gear up to take advantage of Local Bike Shop Day 2024

30 Apr 2024

The UK’s estimated 7.6 million cyclists are being urged to get on their bikes on Saturday May 4th and head down to their local independent bike shop, as many prepare special activities to... Read more…

Peterborough store selling solely local products looks to expand.

29 Apr 2024

A Peterborough store stocking products solely from local entrepreneurs said it is bucking the High Street trend and looking to expand due to its success.
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BIRA launches ‘High Street Matters’ podcast for independent retailers

29 Apr 2024

BIRA is giving independent businesses across the UK a powerful new resource with the launch of its “High Street Matters” podcast.
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Tesco accused of undercutting local shops via its wholesale business.

29 Apr 2024

The Guardian has reported independent shopkeepers saying prices they pay at Tesco’s cash-and-carry arm Booker are often higher than in Tesco’s stores.
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Get ready to celebrate independent Record Store Day

18 Apr 2024

Independent record stores around the country are preparing to celebrate all things vinyl for this year’s Record Store Day on Saturday April 20th. 
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Indies encouraged to put themselves forward for Retail Business of the Year award.

18 Apr 2024

BIRA, the British Independent Retailers Association, has announced its partnership with this year’s SME National Business Awards., joining the 2024 awards as a leading sponsor, backing... Read more…

Family-run Polesworth fish and chip shop celebrates 40 years in business with half-price chips.

18 Apr 2024

A Midlands fish and chip shop is celebrating 40 years in business and offering half-price chips to mark the milestone.
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Assault of shop workers to be made specific criminal offence

18 Apr 2024

Assaulting a shop worker is to be made a separate criminal offence in England and Wales as part of a government response to a wave of retail crime. 
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New stores helping Cardiff arcades buck retail trends.

18 Apr 2024

Eleven new businesses that have opened in the last year in the historic arcades of Cardiff city centre’s Morgan Quarter, made up of the Morgan and Royal arcades, have helped the arcades... Read more…

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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.

 

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