All the updated news related to banknotes

All the news related to banknotes updated in real time

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Personal Finance

Post Office expects rush of customers depositing paper £20 and £50 banknotes

The Post Office is preparing for a “last moment” rush in customers depositing paper £20 and £50 banknotes in its branches this week, before they can no longer be used in shops or to pay businesses. September 30 is the last day that the Bank of ...

26 Sept 2022 at 01:01

Personal Finance

Coins and banknotes featuring the King and Queen Elizabeth II will co-circulate

Images of updated banknotes featuring a portrait of the King will be revealed by the Bank of England by the end of this year. Coins and banknotes featuring King Charles III and Queen Elizabeth II will co-circulate, under the plans. Currency ...

27 Sept 2022 at 01:01

Personal Finance

Consumers warned Friday is last day paper banknotes can be spent

Friday is the last day that people can use the Bank of England’s paper £20 and £50 notes in shops or to pay businesses. After September 30, the paper banknotes will lose their legal tender status. The paper £20 banknotes featuring ...

29 Sept 2022 at 16:03

Derry News

Derry businesses urged to be vigilant of counterfeit bank notes

Derry and Strabane Police received had a report of counterfeit £20 note that was used in a shop in the city recently and they're appealing to business owners and employees to be vigilant when handling money. A spokesperson said: ...

04 Aug 2022 at 14:33

City

De La Rue warns of further cost inflation hit to earnings

Banknote printer De La Rue has revealed falling profits amid supply chain woes and warned of a hit to earnings over the year ahead as it faces another £5 million rise in costs. Shares in the company – which prints banknotes for ...

25 May 2022 at 10:21

Personal Finance

Six months left to spend paper £20 and £50 Bank of England banknotes

People and businesses have just six months left before paper £20 and £50 Bank of England banknotes lose their legal tender status. The Bank will be withdrawing the legal tender status of the paper £20 and £50 notes after ...

29 Mar 2022 at 19:25

City

De La Rue warns jobs under threat after third profit alert this year

Banknote printer De La Rue has warned over possible job cuts as it looks to ramp up cost savings after swinging to a loss and warning over full-year results for the third time this year. Chief executive Clive Vacher ...

23 Nov 2022 at 11:20

City

De La Rue sees ‘signs of recovery’ in banknote demand after swinging to a loss

Banknote maker De La Rue said there have been “encouraging signs of recovery” in its currency business after plummeting demand for fresh cash saw it slump into the red. The group – which prints banknotes for the ...

29 Jun 2023 at 10:41

City

De La Rue lifts profit expectations as currency demand recovers

British banknote maker De La Rue has bumped up its profit expectations for the first half of the year after it reported seeing signs of recovery in its currency business. The Basingstoke-based firm said it now ...

06 Oct 2023 at 10:32

King given first notes featuring his face by Bank of England chief

The King has been presented with the first banknotes bearing his portrait by the Governor of the Bank of England. He praised the notes as “very well designed” and expressed his surprise at being only the ...

09 Apr 2024 at 14:34

Personal Finance

King Charles banknotes to enter circulation on June 5

Banknotes carrying a portrait of the King will be issued for the first time on June 5, the Bank of England has said. The portrait of Charles will appear on existing designs of all four banknotes (£5, ...

21 Feb 2024 at 10:35

City

De La Rue cheers half-year earnings after currency demand rebound

Banknote printer De La Rue has hailed a better-than-expected first half and revealed a more than doubling of its currency order book since September on a recovery in global demand. The ...

19 Dec 2023 at 09:21

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