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The pound sterling (symbol: £; ISO 4217 currency code: GBP) is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, British Antarctic Territory, South Georgia and the South Sandwich Islands, and Tristan da Cunha .
It is the second-highest denomination of banknote currently issued by the Bank of England. The current polymer notes, first issued on 5 June 2024, bears the image of King Charles III on the obverse.
Decorations tend to be used to recognise specific deeds; Medals are used to recognise service on a particular operation or in a specific theatre, long or valuable service, and good conduct. Appointments to the various orders and awards of other honours are usually published in The London Gazette .
An intelligent banknote neutralisation system ( IBNS) is a security system which protects valuable items by rendering them unusable or easily detectable if an unauthorised individual tries to gain access to them. Dye packs are commonly used to safeguard currency against bank robberies in this manner; when such a pack is taken out of the bank ...
Main articles: Banknotes of the pound sterling and Bank of England note issues. Note: The description of banknotes given here relates to notes issued by the Bank of England. Three banks in Scotland and four banks in Northern Ireland also issue notes, in some or all of the denominations: £1, £5, £10, £20, £50, £100.
The Bank of England 10 shilling note (notation: 10/– ), colloquially known as the 10 bob note, was a sterling banknote. Ten shillings in £sd (written 10s or 10/–) was half of one pound. The ten-shilling note was the smallest denomination note ever issued by the Bank of England.
George Cross [3] The Victoria Cross ( VC) is the highest and most prestigious decoration of the British honours system. It is awarded for valour "in the presence of the enemy" to members of the British Armed Forces and may be awarded posthumously.
A "pound sterling" was literally a tower pound (weight) of sterling silver. [22] [23] In the British pre-decimal ( duodecimal) currency system, the term £sd (or Lsd) for pounds, shillings and pence referred to the Roman libra, solidus, and denarius.
Polymer note. In 2013, Mark Carney, Governor of the Bank of England, announced that a newly designed £10 banknote, in polymer, rather than cotton paper, and featuring early 19th-century novelist Jane Austen, would be issued. [5] [6] The date of issue was subsequently confirmed as 14 September 2017. [7]
Money order. A specimen money order of Italy c. 1879. A money order is a directive to pay a pre-specified amount of money from prepaid funds, making it a more trusted method of payment than a cheque .