Governor of the Bank of England Andrew Bailey with the new£50 note which features Alan Turing, at Bletchley Park in Milton Keynes. Photo: PA · PA. The Bank of England (BoE) has sounded the alarm on ...

The Bank of England exchanges old notes for new ones Credit: PA:Press Association. Old paper £5 notes ceased to be legal tender from May 2017 and the paper £10 note was withdrawn in March 2018.

The British pound and government bond yields fell sharply early Thursday after Bank of England Governor Andrew Bailey said the central bank could be more aggressive in cutting borrowing costs if ...