Saturday, 20 December 2008

Bank of England - FOI request

1. Has the Bank either recently commissioned designs for, or sought approvals for, new high denomination banknotes of greater value than £50? (e.g. £100, £500 or £1,000 notes)

2. What is the anticipated lead time in bringing a new bank note to press?

3. Does the Bank have in place contingency plans in the event of having to print very large numbers of new high denomination notes quickly?

9 comments:

hatfield girl said...

The irritation of carting about low denomination notes when there are things to be bought, bills to be paid, is peculiarly English.

Now the 500 euro note, with its everyday brother the green 100 euros, will be the model, thank goodness.

Alfred said...

"Contingency plans are in hand to produce large denominations notes quickly and efficiently through our renowned subcontractors, who have a proven track record for fast turnaround brought about by rapidly changing circumstances. I am not allowed to disclose more details but their head office is in a country just north of South Africa starting with the initial Z" AD

Blue Eyes said...

All this is largely irrelevant: the new money will never be physically printed: it's just accountancy convenience for the banks. Average earners will not have their paper supply increased, they will just see their incomes trashed.

Raedwald said...

Ah, BE, but if beer goes to £20 a pint, and £4.50 for a packet of crisps, you'll either need a very big wallet or high denomination notes for a night out with the lads.

The Englishman said...

No you won't as your compulsory card will limited you to two pints of mandated low alcohol National Ale and five cigarettes you are allowed on your prescription.

Anonymong said...

Please tell me this is a real FOI request that you've submitted.

Fat Squaddie said...

"No you won't as your compulsory card will limited you to two pints of mandated low alcohol National Ale and five cigarettes you are allowed on your prescription."

'Tis a good thing then that I have just finally managed to quit smoking and that I brew many, many pints of incredibly potent and tasty beers and ciders at home then.

FS

Anonymous said...

...please where can I buy a unicorn?

Anonymous said...

Es quitado (ha enmaraГ±ado topic) http://nuevascarreras.com/ cialis 5 mg pvp Confermo. Sono d'accordo con tutto quanto sopra-ha detto. Possiamo parlare di questo argomento. cialis vs viagra vs levitra wptsthhusu [url=http://www.mister-wong.es/user/COMPRARCIALIS/comprar-viagra/]comprar viagra[/url]