this post was submitted on 20 Mar 2026
10 points (91.7% liked)

Ask UK

1777 readers
43 users here now

Community for asking and answering any question related to the life, the people or anything related to the UK.

founded 2 years ago
MODERATORS
tom@feddit.uk
blackn1ght@feddit.uk
10
Why is the £50 note rare & barely used? (lemmy.world)
submitted 1 day ago* (last edited 11 hours ago) by War5oldier@lemmy.world to c/askuk@feddit.uk
16 comments fedilink hide all child comments
 

Like, what’s the point of its existence when that denomination is difficult to come by since ATMs don’t disperse them. I mean, will they still refuse a £50 note when paying for a £45 purchase? They go full counterfeit detection mode just because an individual has it despite that being the real one (not fake). Also, why does the Bank of England keep printing more of that when they know people barely use it anyway?

you are viewing a single comment's thread
view the rest of the comments
[–] fakeman_pretendname@feddit.uk 2 points 22 hours ago

£50 notes were for rich people to do crime with. If you weren't a rich person doing crime, you didn't need them.

Now rich people crime can be done online, they're even less necessary.