Older £50 notes to be withdrawn

Updated
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%VIRTUAL-SkimlinksPromo%The £50 banknote carrying the portrait of first governor of the Bank of England Sir John Houblon will be withdrawn from circulation today.

Around 53 million of the notes with a total value of £2.6 billion are still in circulation, despite the Bank of England's announcement in January that they are to be withdrawn.

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