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The next few years are big for UK banknotes with the Bank of England issuing a new £5 note in September this year, followed by a new £10 note in 2017 and a new £20 note planned for 2020.
 
Sir Winston Churchill will feature on the back of the £5 note while Jane Austen will feature on the back of the new £10 note next year.
 
The Bank of England is urging retailers that handle cash to prepare for these changes and the migration.
 
The Royal Mint has produced the final batch of round pound coins on Wednesday (16th December 2015) at it's facility in Rhondda Cynon Taff.
 
It is more than 30 years since the now familiar gold-coloured coins were first minted - Llantrisant in 1983.
 
The new-look replacement will enter into circulation in 2017 and the Royal Mint has billed the new 12-sided £1 coin as the "most secure in the world", designed to combat counterfeiting.
 
Volumes of foreign currency collected and processed by Loomis UK grew once again in 2015.
 
Loomis processed over 25% more foreign currency in 2015 compared to 2014 – marking the second consecutive year of growth for the Loomis FX division.
 
Craig Sherriff, who heads up the FX team in the UK, greeted the news, “It has been another great year for us. Once again, we have exceeded every target and expectation for Loomis FX in the UK.”
 

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