The Bank of England is giving residents until the end of July to submit ideas for the look of future bank notes which could ...

Banknotes issued by the Bank of England are about to get their first major redesign in more than 50 years. Notable historical ...

The Bank of England has issued a warning to anyone with old paper £20 and £50 notes (Image: PA) ...

Over the last year two million £10 notes have been returned [PA Media] About £6.6bn in old banknotes has not been cashed in across the UK, even though the paper £20 and £50 stopped being legal tender ...

The Bank of England has been accused of "severing British history" after announcing plans to consider removing historic ...

Valuable money - what to watch for Both paper notes will no longer be legal tender on September 30, the Bank of England said. After this date, you won't be able to spend them in stores.

The Bank of England's Chief Cashier Sarah John told the BBC that the delay will give businesses a chance to update their self-service tills to recognise the new design.

If you need to get old banknotes swapped on the same day, the Bank of England is your best bet. However, the Bank has warned of long queues to swap these old notes.