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Hoarders have £6.5billion stashed in old banknotes
Sunday People
|June 29, 2025
OLD £20 and £50 notes worth £5.5billion are still lying around in people's drawers, says the Bank of England.
The paper banknotes stopped being legal tender in October 2022, replaced with plastic ones with new security features. They can still be exchanged or deposited, with some £600m of old notes
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