Keep an eye out for Elgar
Have a look in your wallet…any £20 notes with the image of Edward Elgar in there? After June 30 this year they’re no longer legal tender.
This means that shops don’t have to accept them and it is up to banks whether they agree to swap notes after this date.
From July 1 only notes with the image of Adam Smith, the Scottish economist, will be legal tender and the Elgar ones will quite literally not be worth the paper they’re printed on so keep an eye out for Elgar and ask for Adam Smith instead.
