Old Money

[sunny-dave]

Remember

... the deadline to spend any old £20 and £50 notes in the shops is this Friday ...


... as by that point they’ll be worth less than the paper they’re printed on.

[FatticusInch]

Anyone keeping one for posterity?
How soon before we see the new currency with Charles on it?

[bhg481]

You will always be able to get their value because they contain a declaration signed by the govenor of the Bank of England which promises to pay the bearer £x. You might not be able to use then in a shop but they will always have their value.

[cashier]

You'll be able to change them in banks for polymer ones.

[Paigntonian]

All you've got to do is pop in the bank. What's hard?

[Paigntonian]

Idiotic. How can they be worthless when you can swap them for new notes. One can only despair.

[bednobs]

blimey idiot, you don't get jokes do you?
I presume SD is referring to the falling pound

[bhg481]

bednobs - No, SD is referring to the fact that the paper notes are being withdrawn and may no longer be accepted in shops. They will always be changeable in a bank.

[maggiebee]

If anyone has any "old money" that they no longer want, I would be more than willing to accept it.

[sunny-dave]

I was in fact referring to the fact that the spiralling fall of the pound and the withdrawal of the old notes happen to coincide.

Perhaps I should have sounded the sarcasm klaxon rather more loudly.

[bednobs]

looks like it sd

[royfromaus]

sunny-dave
I was in fact referring to the fact that the spiralling fall of the pound and the withdrawal of the old notes happen to coincide.

Perhaps I should have sounded the sarcasm klaxon rather more loudly.

_______________________________
Any news on the Euro?

[sunny-dave]

Euro still falling against dollar - but not as badly as the pound is falling - therefore euro rising against pound.

[royfromaus]

When was the last time you looked?

[royfromaus]

11470
Flash crash
10755
now
11134

[gness]

Dave has switched off and gone to sleep under the hedge, Roy. He says that whilst the pound may have slightly recovered against the euro during today it is still 5% down from immediately before the budget and 10% down since its high at the beginning of August.

[royfromaus]

therefore euro rising against pound.

________________________


Ah, maybe that's why he typed the misinformation.

[sunny-dave]

Misinformation?? What on earth are you on about - I clearly said that the euro is rising against the pound - which it is??

[royfromaus]

How come I'm making money betting it isn't?

[royfromaus]

Devastating news this morning...pound still rising against the euro

11470
Flash crash
10755
now
11137
now
11191

Time to take the profit methinks

[royfromaus]

Hi