Latest World News
It has been revealed that around £50 billion in cash is missing in the UK, despite the use of bank notes halving since around 2010. The national audit office says no one actually knows why there are so many missing notes, or why the demand for cash has been rising for a while now, despite…
The Bank of England has pushed out the new polymer £20 note, and its the most secure banknote ever. It features JW Turner, replacing economist Adam Smith, and the Banks reckons half of all ATMs across the UK will be dispensing the new notes in just two weeks’ time. It’s the third plastic note to…
The National Audit Office has rebuked the flagrant spending at the Bank of England who spent £5m without following proper procedures (for that read any procedures). They spend much of this on IT issues and the NAO indicate that considerable savings could have been made. Further, they had 800 empty desks which they defended by stating half…
jordonc ✅
Craig Taylor