Elgar £20 notes to cease to be legal tender

March 8th, 2010  |  Published in Uncategorized

Notes featuring composer Edward Elgar will cease to be legal tender as of June 2010, but banks and building societies will accept them for several months after that.

There are about 1.5 billion £20 notes in circulation and around 150 million of these feature Elgar.

The composer of the Pomp and Circumstance Marches has appeared on the note since 1999, but the Bank launched new tender featuring the 18th-Century Scottish economist Adam Smith in 2007.

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