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Home > Banknotes > Withdrawn Banknotes

Withdrawn Banknotes

All withdrawn Bank of England banknotes remain payable at face value for all time, which will be exchanged for new banknotes at the Bank of England in London. See the Exchanging Withdrawn Banknotes page for more information.
If you have a damaged or mutilated banknote, see the 'Damaged/Mutilated Banknotes' link under Related Links on the right.
The most recent banknote to be withdrawn was the Houblon £50 note in April 2014.
Houblon £50 Banknote Front
The new polymer £5 note was issued on 13 September 2016. You can continue to spend paper £5 notes as usual until 5 May 2017. After this they will cease to be legal tender.
Paper £5 Withdrawal Poster - English Version

Below is a list of all banknotes withdrawn from circulation since 1988. To see all banknotes that are no longer in circulation, see the Withdrawn Banknotes Reference Guide.
Denomination​ Character on back of note ​ Date Issued ​ ​Date withdrawn
​£50 ​Sir John Houblon ​20.04.1994 ​30.04.2014
£20​ ​Sir Edward Elgar ​22.06.1999 ​30.06.2010
£5​ ​George Stephenson ​07.06.1990 ​21.11.2003
£10 ​Charles Dickens ​29.04.1992 ​31.07.2003
£20​​ ​Michael Faraday ​05.06.1991 ​28.02.2001
​£50​​ ​Sir Christopher Wren​​ ​​20.03.1981 ​20.09.1996
£10 ​Florence Nightingale ​20.02.1975 ​20.05.1994
​£20​ ​William Shakespeare ​09.07.1970 ​19.03.1993
​£5​ ​Duke of Wellington ​11.11.1971 ​29.11.1991
​£1 ​Isaac Newton ​09.02.1978 ​11.03.1988