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Taunton book shop to host three talks from climate specialists ahead of election

10 Jun 2024

Independent Taunton book shop Brendon Books is to host talks from climate specialists ahead of the general election.
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Bira releases new podcast exploring accessibility on the High Street

3 Jun 2024

The British Independent Retailers Association has released the second episode of its 'High Street Matters' podcast series, this time tackling the important issue of accessibility for independent... Read more…

Independent Retailers Association Survey Shows Challenging Q1 for Traders

29 May 2024

Many independent retailers across the UK faced a difficult start to 2024 according to a new survey by Bira, the British Independent Retailers Association and the Association of Cycle Traders... Read more…

Harrogate record shop marks 30th anniversary with vinyl revival

29 May 2024

P&C Music – Harrogate's oldest independent record shop – is celebrating its 30th anniversary, having become a mecca for vinyl record fans in a wide variety... Read more…

Crickhowell’s Book-ish crowned best independent bookshop in UK and Ireland

28 May 2024

 A Powys bookshop has been named as the best independent in the UK and Ireland.
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Election 2024: what does the indie retail sector want from the next government?

28 May 2024

With a general election just weeks away, Andrew Goodacre, CEO of the British Independent Retailers Association (Bira) has placed “reducing the cost of doing business” high on his... Read more…

Newcastle shop owner creates map to showcase area's independent businesses

28 May 2024

An indie shop owner in Ouseburn, Newcastle has created a map to showcase the area's independent businesses.
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Indie retailers urged to battle 2025 duty change

28 May 2024

The Wine and Spirit Trade Association (WSTA) is calling on independent retailers to keep writing to their MPs to highlight the impact of the upcoming February 2025 duty change.
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Retail industry key recruiter of people from under-utilised sections of society

15 May 2024

A new report released on behalf of the Retail Sector Council has outlined the work that the industry is doing to create more career opportunities for people that would otherwise be... Read more…

Teacher and ice-cream store manager move from Australia to take over Halifax indie bookshop.

14 May 2024

A family of booklovers are moving from Australia to become the new owners of an independent bookshop in Halifax.
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Paper £20 and £50 Notes No Longer Legal Tender

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

Paper £20 and £50 notes are no longer legal tender.

money notes

There are approximately 163 million paper £50 banknotes and about 314 million £20 paper notes still in circulation. These are being replaced with the new polymer £20 notes featuring J.M.W. Turner, and polymer £50 notes featuring Alan Turing. The new polymer notes are now the only ones with legal tender status.

People with a UK bank account will still be able to deposit withdrawn notes into their account.

The new notes, which have been introduced over the last two years, complete the Bank of England’s first polymer series. The introduction of polymer banknotes allows for a new generation of security features which make them even harder to counterfeit. The notes are also resistant to dirt and moisture and so remain in better condition for longer. These notes also have tactile features that allow the blind and partially sighted to use them.

Retailers can download posters to display in store to remind customers about the withdrawal of paper £20 and £50 notes here.

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