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Main articles: Banknotes of the pound sterling and Bank of England note issues. Note: The description of banknotes given here relates to notes issued by the Bank of England. Three banks in Scotland and three banks in Northern Ireland also issue notes, in some or all of the denominations: £1, £5, £10, £20, £50, £100.
The pound sterling banknotes in current circulation consist of Series G Bank of England notes in denominations of £5, £10, £20 and £50. The obverse of these banknotes issued through 4 June 2024 feature the portrait of Elizabeth II originally introduced in 1990.
The Series B note was replaced in turn on 21 February 1963 by the Series C £5 note which for the first time introduced the portrait of the monarch, Queen Elizabeth II, to the £5 note (the Queen's portrait having first appeared on the Series C ten shilling and £1 notes issued in 1960). The Series C £5 note was withdrawn on 31 August 1973.
Bank of England £10 note; Bank of Scotland £10 note; The Royal Bank of Scotland £10 note; Bank of Ireland £10 note; Clydesdale Bank £10 note; Egyptian £10 note; Falklands £10 note; Gibraltarian £10 note; Guernsey £10 note; Jersey £10 note; Manx £10 note; Sudanese LS 10 note; Saint Helena £10 note; Syrian LS 10 coin
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An example (£10 note) of the Series C Banknotes. The Series C Banknotes (Irish: Nótaí bainc sraith C) of Ireland were the final series of notes created for the state before the advent of the euro; they replaced Series B banknotes. The series gradually entered circulation from 1992 and remained in circulation until 2002. [1
The Bank of England has reduced interest rates after seven members of the central bank’s nine-strong Monetary Policy Committee (MPC) voted to reduce the base rate from 4.75 per cent to 4.5 per cent.
The Bank of England cut its main interest rate by a quarter of a percentage point to 4.75% on Thursday after inflation across the U.K. fell significantly, relieving some pressure on borrowers who ...