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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.
The pound sign (£) is the symbol for the pound unit of sterling – the currency of the United Kingdom and its associated Crown Dependencies and British Overseas Territories and previously of Great Britain and of the Kingdom of England.
The origin of £/L, s, and d were the Latin terms Libra, meaning a pound weight (with the £ sign developing as an elaborate L), solidus (pl. solidi), 20 of which made up one Libra, and denarius (pl. denarii), 240 of which made up one Libra with 12 being equal to one solidus. These terms and divisions of currency were in use from the 7th century.
Currency code. The ISO 4217 currency code for sterling is "GBP", [27] formed from the ISO 3166-1 alpha-2 code for the United Kingdom ("GB") and the first letter of "pound". [28] In historical sources and some specialist banking uses, the abbreviation stg (in various styles) has been used to indicate sterling.
The Bank of England £20 note is a sterling banknote. It is the second-highest denomination of banknote currently issued by the Bank of England. The current polymer note, first issued on 20 February 2020, bears the image of Queen Elizabeth II on the obverse and the image of painter J. M. W. Turner on the reverse.
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The currency's symbol is ' £ ', a stylised form of the blackletter 'L' (from libra), crossed to indicate abbreviation. The term was adopted in England from the weight of silver used to make 240 pennies, and eventually spread to British colonies all over the world.
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Since 1970, the Bank of England's notes have featured portraits of British historical figures. Of the eight banks authorised to issue sterling notes in the UK, only the Bank of England can issue banknotes in England and Wales, where its notes are legal tender.
Archaeologists and volunteers excavating an ancient Roman site in the United Kingdom uncovered a “mysterious” purple lump. It turned out to be an “incredibly rare” substance once “worth ...