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Budleigh traders launch campaign to attract more shoppers.

9 Oct 2023

A group of independent traders in Budleigh Salterton have started a campaign to attract more shoppers.
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Tech could drive more business for indie retailers this Christmas

9 Oct 2023

New research from Square and Clearpay indicates consumer confidence is rising, with 72% of consumers planning to spend more or the same this coming holiday season compared to last year,... Read more…

Full line-up announced for 2023 Bookshop Day this Saturday.

9 Oct 2023

Miriam Margolyes, Richard Armitage and Tomi Oyemakinde will be among the authors headlining events at this year’s Bookshop Day taking place this Saturday 14th October.
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Shop owners demand new offence for attacks on retail workers

4 Oct 2023

Shop owners have called on the Home Secretary to specifically outlaw attacks on retail workers.
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Are you up to speed with new ban on single-use plastics?

4 Oct 2023

From the start of October, bans and restrictions on single-use plastic cutlery, polystyrene cups and food containers, single-use balloon sticks and certain types of polystyrene cups and... Read more…

Cash still crucial for UK’s independent retailers

27 Sep 2023

A recent survey of retailers across the UK has shown that cash remains a crucial payment method for independent shops.
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Almost 2,000 more independent shops left empty in the first half of this year

27 Sep 2023

Almost 2,000 more British independent shops were left empty in the first half of this year, as small businesses struggled to cope with rising inflation and the cost-of-living crisis.
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Indie shops in Liverpool create their own security network to combat shoplifters.

27 Sep 2023

An independent shop owner in Liverpool has said that independent shops in the city centre have taken to creating their own security WhatsApp group, warning each other of shoplifters in the... Read more…

Indie shops key to reversing fortunes of struggling high streets – university study finds.

27 Sep 2023

A focus on independent and ‘browse-only’ shops can help to reverse the fortunes of the struggling high street, according to an extensive study by Manchester Metropolitan University.
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Trade association welcomes Home Office ‘back-to-basics’ retail crime promise

13 Sep 2023

The recent pledge by police forces across England and Wales to pursue every lead that holds a reasonable chance of apprehending criminals and solving crimes has been welcomed by Bira, which... Read more…

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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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