Bank of England reveals last day to use old £10 notes

Bank of England reveals last day to use old £10 notes

The old paper £10 note featuring Charles Darwin will expire shortly before midnight on March 1, 2018, the Bank of England has announced.

The Bank of England says they are also an improvement on the previous version in terms of security and durability.

The new, plastic tenner, which features Jane Austen, went into circulation in mid-September.

Britons in possession of the old note will need to spend it or deposit it before that date as it ceases to be legal tender from 2 March.

The central bank has pushed for the adoption of polymer notes, arguing they are more durable than paper notes and are harder to counterfeit.

But the new notes have not been introduced without problems after vegans, Hindus and Sikhs complained they contain tallow, a substance derived from animal fat.

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". Changing production would also involve considerable extra costs to taxpayers.

Around 55% of the £10 notes in circulation are made from polymer, while 359 million are paper.

The new notes are the first to have a tactile feature that helps blind and partially sighted people.

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