Introduction note.
24 Oct 2017
So we now have the £10.00 note although it made its appearance with a whisper rather than a bang.
Arguably the latest £5.00 offering was not the most well received note with its inability to stay folded, but we are used to it now so this latest change will not steal much limelight.
We older people have seen many changes with money over the years, and I cannot help but say that the biggest monetary swiz the government ever pulled on us happened on Decimal Day (15th February 1971). This was the day when everything, more or less, cost a whole lot more than it did the night before. Because we lost the shilling and the 10/- note, and the £1.00 lost more than half the penny’s that it possessed on the previous day. We instantly lost the florin, the sixpenny bit and the threepenny bit, not to mention the farthing and halfpenny. Even the £1.00 and the 10/- note gradually became things of the past.
The two good things that have resulted are; firstly that this note is bringing with it a way for blind people to recognise its value by touch, and secondly, the new £1.00 coins have forced some supermarkets to get new trolleys which are, at least for now, easier to steer. Have you noticed that they are not so much of a challenge lately?
So there are, as ever, up and down sides to their introduction.
UG, Lewisham
LPG offer a bit of information about the introductory and closing dates of our new coins….
