Monday, 01 June, 2020


New £20 note enters circulation today

William Shakespeare £20 note William Shakespeare £20 note
Kristine Garrett | 26 February, 2020, 18:26

Sarah John, the Bank of England's chief cashier, said: "We're incredibly excited to launch the new polymer £20 note today and are pleased to be partnering with Snapchat to bring the note to life in an entirely novel way".

This means that paper notes can still be used for the time being as an end date hasn't been announced yet. "I am very grateful to everyone across the cash industry who has made this transition possible and I hope the public enjoy using their new Turner £20s". There is also a silver foil patch containing a 3D image of the coronation crown. Turner's signature from his will, by which he bequeathed a lot of his art work to the country.

The new £20 will be followed by the new £50 in 2021 and De La Rue looks forward to a continued strong partnership with the Bank of England. The £20 notes now in circulation weigh 1,780 tons. The form of the huge window is in response to the form of the fountains in Trafalgar Square.

The Fighting Temeraire was voted the UK's favourite painting in a poll run by BBC Radio 4.

A quote "Light is therefore colour" from an 1818 lecture by Turner referring to the use of light, shade, colour and tone in his pictures. "This will mean that small businesses can spend time and money on other issues away from fraud". That's the similar as 141 buses.

Michael Faraday £20 note
The revised version of the Michael Faraday £20 note

The banknotes are set to take over the current £20 notes, however they will still be legal lender until further notice. It is greater than each the £10 and £five notes.

The note has raised dots to help blind and partially sighted people identify the value of the note.

Plastic notes are longer lasting. But there are questions about how long they will be needed, for widespread use anyway. With the upward push of contactless playing cards and web buying groceries, professionals warned previous this week that inside the decade fewer than one in ten transactions can be in money.

Issued from March 2007, the Smith note's security features include a hologram which changes between a pound symbol and the number 20 when the note is tilted.

There are over 2 billion paper £20 notes now in circulation and the Bank of England reported that it will provide six months' notice ahead of its withdrawing the paper note from legal tender status.

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