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Smith is the first Scot to appear on a Bank of England note, although the economist has already appeared on Scottish Clydesdale Bank £50 notes. [41] The design of the £20 note was controversial for two reasons: the choice of a Scottish figure on an English note was a break with tradition; and the removal of Elgar took place in the year of the ...
Having made the decision to switch to polymer banknotes, the first note of Series G, the polymer £5 note, entered circulation on 13 September 2016; [70] the £10 note on 14 September 2017; [9] [71] the £20 note on 20 February 2020; [56] and the £50 on 23 June 2021. [72] The material used to make the banknotes is biaxially oriented ...
These notes were multicoloured (predominantly mauve-purple) and featured an image of scientist Michael Faraday on the back. Series E notes were replaced by a variant design from 1999 onwards. These are broadly similar to the earlier series E notes but feature Edward Elgar on the reverse. [3] The most prevalent paper £20 note was introduced in ...
About £40bn-worth of paper banknotes, which will be replaced by new polymer £20, are set to be turned into compost. About £40bn-worth of paper banknotes, which will be replaced by new polymer ...
Each redesign is allocated a "series". Currently the £50 note is "series F" issue whilst the £5, £10 and £20 notes are "series G" issue. Series G is the latest round of redesign, which commenced in September 2016 with the polymer £5 note, September 2017 with the polymer £10 note, and February 2020 with the polymer £20 note. [14]
Although the Bank considered the existing security measures were sufficient, in 1940 it released a blue emergency £1 note which had a metal security thread running through the paper. It also banned the import of pound notes for the duration of the war in 1943, stopped producing new £5 notes and warned the public about the danger of ...
The Bank of England introduced £5 polymer banknotes in September 2016, and the paper £5 notes were withdrawn on 5 May 2017. A polymer £10 banknote was introduced on 14 September 2017, and the paper note was withdrawn on 1 March 2018. A polymer £20 banknote was introduced on 20 February 2020, followed by a polymer £50 in 2021. [138]
The World Heritage series £20 note was introduced in 2009. This note also features a portrait of Robert the Bruce on the front, and an image of the model industrial settlement of New Lanark on the back. [6] On 27 February 2020, a new polymer £20 note was introduced to replace the paper notes. [7]