The Bank of England (BoE) has sounded the alarm on the withdrawal of the paper £20 and £50 notes after 30 September 2022, urging anyone who has these at home to spend or deposit them at their bank or ...

Happily, they do. Once upon a time - or at least until 1990 - old notes were incinerated and the energy was used to heat the Bank of England building, it reports on its website .