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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. 

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...

18 Apr 2024

A Midlands fish and chip shop is celebrating 40 years in business and offering half-price chips to mark the milestone.

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. 

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...

15 Apr 2024

The Rediscovery Centre, the National Centre for the Circular Economy in Ireland, today announced its partnership with Cytech, the internationally recognised training and accreditation scheme for...

3 Apr 2024

Research by the University of Stirling and the Scottish Grocers’ Federation has shed light on the impact of rising staff costs on the convenience retail sector in Scotland.

3 Apr 2024

With large national chains increasingly disappearing from the high street, Drapers magazine has been looking at how independent department stores are stepping up their offerings to...

2 Apr 2024

The Baking Industry Awards return for their 37th year and are once again ready to recognise and reward the very best people, products, and businesses in the sector. The awards showcase the...

2 Apr 2024

Walsall's cycling community has been celebrating a family-owned business which celebrates its 90th anniversary this year.
 

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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 The old paper £10 notes can still be used, but will gradually be withdrawn before the legal tender status is withdrawn in Spring 2018 - the exact date still to be announced.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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