Old £10 note to disappear next year


LONDON: If you still have any old £10 notes, make sure you spend them before 1 March next year. The Bank of England has announced that the old paper notes, featuring naturalist Charles Darwin, will no longer be legal tender after that date.
Its days have been numbered since the new polymer tenner, depicting author Jane Austen, entered circulation in September. But the old note can still be exchanged by the Bank after the cutoff date. Thread needle Street says polymer, also now used for the £5 note featuring Winston Churchill, is more durable and cleaner than paper notes. It has persevered with the material despite complaints from religious and vegan groups that the animal fat tallow is used in the production process. Following consultation, the Bank said in August that it would continue with the use of tallow in future banknotes-saying it “has not taken this decision lightly”.