Nearly 50 million plastic bank notes have had to be replaced since they were launched due to damage and wear, according to PA news agency.. About 20 million of the Bank of England’s new polymer ...

Over the last year two million £10 notes have been returned [PA Media] About £6.6bn in old banknotes has not been cashed in ...

That’s about 2,755 million individual £20 notes and 324 million £50 notes. The Bank’s estimates suggest there are 163 million £20 paper notes worth about £3.2 billion, and 47 million £50 ...

September 30 is the last day that the Bank of England's paper £20 and £50 banknotes will have legal tender status. To date, £1.2 billion worth of paper £20 and £50 banknotes have been deposited at ...

The new £50 note is made from polymer – which lasts around two-and-a-half times longer than paper notes – and is the first update to the £50 note since the last one was issued in 2011.

Paper £20 and £50 notes are being withdrawn from circulation Credit: Getty. That means after today, ... All in all, 460 million £20 and £50 paper banknotes were out there.

Nearly 50 million plastic bank notes have had to be replaced since they were launched due to damage and wear, according to PA news agency. CNN values your feedback 1.