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The Bank of England £50 note is a sterling banknote circulated in the United Kingdom. It is the highest denomination of banknote currently issued for public circulation by the Bank of England . [ note 1 ] The current note, the second of this denomination to be printed in polymer, entered circulation on 5 June 2024. [ 1 ]
Series A £50 note, issued in 1934. Series A £50 notes appeared in 1725 and continued to be issued until 1943. They ceased to be legal tender in 1945. [24] The Series D £50 note was released on 20 March 1981 featuring the architect Christopher Wren and the plan of St Paul's Cathedral on the reverse.
In March 2018, the Treasury began a consultation looking at the potential withdrawal of the £50 note, as well as the one and two pence coins, on the basis that they are used significantly less than other denominations, with an additional rationale over the £50 note being the perception in the UK of its use in money laundering, tax evasion and ...
The polymer £50 note will join the Churchill £5, the Austen £10 and the Turner £20, meaning all Bank of England banknotes are now available in 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]
The current Ilay series of banknotes was first issued in 1987, although it did not originally include the £50 note. [4] The £50 note was added to the Ilay series in 2005, and these notes were the first £50 notes issued by the bank since 1727. [5] These banknotes feature a portrait of Lord Ilay, first governor of the bank, on the front. Lord ...
Turing, a key figure at second world war code breaking facility Bletchley Park, picked from an illustrious list of nominees including Paul Dirac, Ada Lovelace, Stephen Hawking, and Ernest Rutherford.
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