-
UK Gives 100 Days to Spend Last £14.5 Billion of Paper Banknotes
The Bank of England said people holding £14.5 billion in old paper banknotes have just 100 days to spend or deposit the money before it becomes worthless. The UK central bank said about 477 million of Britain’s last remaining banknotes printed on paper remain in the hands of the public but will cease to be legal tender after Sept. 30. “The majority of paper banknotes have now been taken out of circulation, but a significant number remain in the economy,” said Sarah John, chief cashier at the BOE. The paper notes are the last of their kind in the UK. The central bank started printing on a plastic-like polymer ... (full story)
- Comments
- Subscribe
- Post #1
- Quote
- Jun 23, 2022 9:50am Jun 23, 2022 9:50am
-
qp2 - Joined Jul 2009 | Status: Member | 102 Comments
- Post #2
- Quote
- Jun 23, 2022 11:30am Jun 23, 2022 11:30am
- royse
- | New Member | Status: Junior Member | 1 Comment
- Post #3
- Quote
- Jun 23, 2022 11:48am Jun 23, 2022 11:48am
- Guest
- | IP XX.XXX.213.127
- Post #4
- Quote
- Jun 23, 2022 12:22pm Jun 23, 2022 12:22pm
- Paj
- | Joined Apr 2008 | Status: Member | 7 Comments
-
- Older Stories
-
From cmegroup.com|Jun 23, 2022CME Group, the world's leading derivatives marketplace, today announced that FX Link volume has reached a new, single-day record of 82,900 contracts (representing over $7.2 ...
-
From dol.gov|Jun 23, 2022In the week ending June 18, the advance figure for seasonally adjusted initial claims was 229,000, a decrease of 2,000 from the previous week's revised level. The previous week's ...
-
From bea.gov|Jun 23, 2022The U.S. current-account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries, ...
-
- Newer Stories
-
From pmi.spglobal.com|Jun 23, 2022Latest ‘flash’ PMI™ data from S&P Global signalled the weakest upturn in US private sector output since January’s Omicron-induced slowdown in June. The rise in activity was the ...
-
From @DeItaone|Jun 23, 2022tweet at 9:47am: BORRELL: WE MUST BE PREPARED FOR FURTHER GAS ISSUES. BORRELL: RUSSIA IS CUTTING GAS SUPPLY LITTLE BY LITTLE. BORRELL: WINTER WILL BE DIFFICULT IN RESPECT TO GAS.
-
From youtube.com/cnbctelevision|Jun 23, 2022|5 commentsFederal Reserve Chair Jerome Powell on Thursday testifies before the House Financial Services Committee on the U.S. monetary policy and the state of the economy.
- Story Stats
- Posted: Jun 23, 2022 9:13am
- Submitted by:Category: Entertainment NewsComments: 4 / Views: 2,050
