THERE is little over a fortnight left for people who have old-style five pound notes to spend the cash before it becomes worthless.
Bank bosses have confirmed that old-fashioned cotton paper notes will no longer be legal tender from Friday, May 5.
New ‘plastic’ fivers released into circulation last September will take their place.
The Bank of England estimates there are around 165 million of the old five pound notes still in circulation across the UK.
Although old fivers won’t be accepted in the likes of shops, restaurants or bars after May 5, they can be swapped for new tender in banks, building societies and post offices.
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