The data show that the number of counterfeits taken out of circulation in 2007 fell by 24% to 290,000, compared with 384,000 in 2006. There was a corresponding fall in the notional face value of counterfeits to £5.8mn (£7.6mn in 2006). On average, in 2007 there were more than 2.2 billion genuine notes in circulation with a face value of just over £37 billion.
Published on
28 April 2008