Bank of England is withdrawing the old £20 notes from circulation and are bringing new £20 polymer note for the circulation. The bank announced that it is going to provide a six months’ notice before it withdraws the notes.
It further said that there will be many banks which are going to accept deposits in withdrawn notes and the Post Office may also just accept the notes even after the deadline passes. The old notes can always be exchanged with the Bank of England.
The £20 new notes are showcasing the face of artist JMW Turner. These notes in the market now and are already in circulation. Winston Churchill and Jane Austin are also featured on the new £5 and £10 notes, respectively. They are also made of a polymer which is tough to counterfeit according to Bank of England.
In 2021, Alan Turning featured £50 notes will be added to the circulation and the old notes will be withdrawn smoothly and gradually.
“The new £20 is an important part of our commitment to providing banknotes that people can use with confidence. Our polymer notes are much harder to counterfeit and, with the £20 being our most common note, this marks a big step forward in our fight against counterfeiting,” said the Bank’s chief cashier, Sarah John.
The new notes are getting the attention of people as the earliest notes have codes like AA01 and 00000001 as their serial number. It is not going to make you a millionaire as the AA01 £10 note is priced £22.25 on eBay. It is a fair deal though.
https://www.theleadersglobe.com/business/uk-bank-of-england-will-withdraw-old-20-notes/
Kingpins are back the educational conference dedicated to the fashion students and it is to be held in Amsterdam on April 24th.Andrew Olah, founder of Kingpins Transformers and Kingpins show said, “The response (to the first edition of Kingpins Transformers: Ed) was overwhelming.
More than 300 students from 30 universities and fashion programs across Europe attended and received an in-depth and unvarnished crash course on the state of the denim supply chain.
Our goal is to prepare students to enter our industry and hit the ground running with a clear understanding of the opportunities and challenges facing the jeans industry.
If we want to change the future of the denim industry, we must equip the young professionals entering the industry with the best information and insight.”The host of this event is Mohsin Sajid who is the founder of Denim History and Mariette Hoitink, of HTNK and House of Denim.
The sponsors of the event are Saitex, Lenzing and FibreTrace.The long-awaited list of the speakers is going to be released soon and there are going to be companies like Lenzing, Tonello, DyStar and Kings of Indigo at the event.The event is going to focus on the environmental, economic and social changes faced by the denim industry and the conference is going to help the students in understanding the problems and issues faced by the denim supply chain.
It will also help students in finding and knowing about the opportunities and room for improvement and innovation in the denim industry.This event is exclusive to the global fraternity of students and is going to cater to the need of students interested in the fashion industry.
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