Yay, it's another David's random business related news threads :laugh3:

 

March launch for Smith £20 note

 

A £20 note featuring economist Adam Smith will be issued on 13 March, the Bank of England has said.

 

The note will also include a number of new security features designed to tackle counterfeiting.

 

While the Bank has yet to reveal the safety measures, they are thought to include a see through feature and a holographic strip.

 

The current £20 note, which features composer Edward Elgar, will be phased out after the launch of the Adams note.

Enhanced security

 

"The introduction of the Adam Smith £20 from 13 March will be a major undertaking for us as the £20 denomination is by far the most common note in circulation," said Andrew Bailey, the Bank's executive director for banking and chief cashier.

 

"This means that the proportion of Adam Smith £20s will gradually increase over time.

 

Edward Elgar on £20 note

 

Smith will gradually replace the more familiar face of Elgar on the £20

 

"The note's enhanced security features will play a key role in our continuing fight to prevent counterfeiting. Maintaining public confidence in our banknotes is paramount."

 

Bank governor Mervyn King announced in October last year that he had chosen Smith to replace Elgar on the £20 note.

 

The decision is an historic one because the philosopher and economist will become the first Scotsman to appear on a Bank of England note. He is already featured on a Scottish £50 note.

 

Smith was born in Kirkcaldy, Fife - part of Chancellor Gordon Brown's constituency.

 

The economist is most famous for his book the Wealth of Nations, which many regard as almost inventing the concept of competition and market forces.

 

http://news.bbc.co.uk/1/hi/business/6384583.stm

 

I see the U.K. won't be going over to the Euro any time soon :laugh3:

I think you should mail me a new twenty Dave so I can judge for myself if I like it more than the old twenty. ;)

How about a scottish 20?

 

Or maybe a Channel Islands £20?

Or maybe (one of my favourites) a isle of man £20

How about a scottish 20?

 

 

They never see the light of day, of course.:rolleyes:

They never see the light of day, of course.:rolleyes:

 

http://www.cartref.demon.co.uk/eng/rbos20f.jpg

 

:shocked2:

 

Or maybe:

http://www.cartref.demon.co.uk/eng/cb9920f.jpg

 

or maybe:

http://www.cartref.demon.co.uk/eng/bos20f.jpg

 

Good site this: http://www.cartref.demon.co.uk/eng/collect.htm

Quite an ugly note.

They never see the light of day, of course.:rolleyes:

 

I often see them, although I live much closer to Scotland I guess.

 

Sometimes places try and tell you that they aren't legal in England!

 

Idiots.