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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...

2 Apr 2024

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

22 Mar 2024

Rob Brown, co-director of Dalby Forest Cycle Hub, a not-for-profit hire scheme has been nominated for the Tourism Superstar 2024 award, run by VisitEngland.

8 Mar 2024

Daniel Blackham, editor of industry magazine BikeBiz, has been writing about his experience of completing the Cytech technical one qualification at training provider Spokes People in Milton...

6 Mar 2024

Cytech partner Activate Cycle Academy, the largest and most recognised training provider of bike maintenance and technical training courses to the UK’s cycle industry, recently welcomed a...

2 Jan 2024

Hudjo is the first online marketplace that lets cyclists park with locals, which relieves the anxiety of parking your bike. 

19 Dec 2023

Bira's CEO, Andrew Goodacre, took the spotlight on BBC Breakfast this week and later spoke with Nicky Campbell on BBC Radio 5 Live, shedding light on the rise in retail crime and shop theft,...

23 Nov 2023

Retail sector leaders have expressed a range of concerns, from taxation to business rates, following the Chancellor’s Autumn Statement this week.

15 Nov 2023

The British Independent Retailers Association (BIRA), which works with over 6,000 independent businesses of all sizes across the UK, has outlined its expectations from the government...

9 Nov 2023

Cytech has been named as the provider of Best Retailer Services in the 2023 BikeBiz Awards, recognising the positive impact of its service to the cycling industry. More than 25,000 Cytech...

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 The old paper £10 notes can still be used, but will gradually be withdrawn before the legal tender status is withdrawn in Spring 2018 - the exact date still to be announced.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