One month warning for people still using old £20 and £50 notes
manchestereveningnews.co.ukBrits only have one month left to use their 'old' £20 and £50 bank notes. The Bank of England is encouraging people to use up their remaining paper notes before Friday September 30, before they become obsolete.
If you don't want to spend it all, the cash can also be deposited with your bank or Post Office. The money is being replaced with new polymer notes, which are more durable than the paper ones.
The new £20 note will feature prolific British painter JMW Turner, while the £50 will feature mathematician Alan Turing. Read more:Millions of people have still not received their £150 council tax rebate Paper £5 and £10 notes were replaced in the same way in 2016 and 2017 respectively.
After 30 September, only polymer £20 and £50 notes will have legal tender status. Paper notes will no longer be accepted in shops and can't be used to pay businesses either.
Read more on manchestereveningnews.co.uk