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Bank Of Scotland £50 Note
The Bank of Scotland £50 note is a Pound sterling, sterling banknote. It is the second largest of five banknote denominations issued by the Bank of Scotland. The current polymer note, first issued in 2021 bears the image of Walter Scott on the obverse and a vignette of the Falkirk Wheel and The Kelpies on the reverse. History Paper currency was introduced in Scotland immediately following the foundation of the Bank of Scotland in 1695. Early banknotes were monochrome, and printed on one side only. The issuing of banknotes by Scottish banks was regulated by the Bank Notes Act, Banknote (Scotland) Act 1845 until it was superseded by the Banking Act 2009. Though strictly not legal tender in Scotland, Scottish banknotes are nevertheless legal currency and are generally accepted throughout the United Kingdom. Scottish banknotes are fully backed such that holders have the same level of protection as those holding genuine Bank of England note issues, Bank of England notes. The £50 note i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pound (currency)
Pound is the name for a unit of currency. It is used in some countries today and previously was used in many others. The English word ''pound'' derives from the Latin expression , in which lībra is a noun meaning "pound" and ''pondō'' is an adverb meaning "by weight". The currency's symbol is £, a stylised form of the blackletter L (\mathfrak) (from ''libra''), crossed to indicate abbreviation. The term was adopted in England from the weight of silver used to make to 240 pennies, and eventually spread to British colonies all over the world. While silver pennies were produced seven centuries earlier, the first pound coin was minted under Henry VII in 1489. Countries and territories currently using currency units named "pound" Historical currencies * Australian pound (until 1966, replaced by the Australian dollar). The Australian pound was also used in the Gilbert and Ellice Islands, Nauru, New Hebrides and Papua and New Guinea. It was replaced in the New Hebrides/Vanuat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Mound
The Mound is an artificial slope in central Edinburgh, Scotland, which connects Edinburgh's New Town, Edinburgh, New and Old Town, Edinburgh, Old Towns. It was formed by dumping around 1,501,000 cartloads of earth excavated from the foundations of the New Town into Nor Loch which was drained in 1765 and forms today's Princes Street Gardens. History The construction of the Earthen Mound, as it was originally called, was first proposed in 1783 by residents of the Lawnmarket to improve connection to Princes Street (which was then built only from St Andrew Square to Hanover Street) in correct anticipation of the need for such a new route. It was extended over the years until by 1830 it was macadamised and landscaped so that it appeared more or less complete. When the Edinburgh and Glasgow Railway was extended to Edinburgh Waverley railway station, Waverley station in 1846, tunnels were driven through the Mound to allow access east to west. Some of Edinburgh's most notable buildi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banknotes Of Scotland
Banknotes of Scotland are the banknotes of the pound sterling that are issued by three Scottish retail banks and in circulation in Scotland. The issuing of banknotes by retail banks in Scotland is subject to the Banking Act 2009, which repealed all earlier legislation under which banknote issuance was regulated, and the Scottish and Northern Ireland Banknote Regulations 2009. Currently, three retail banks are allowed to print notes for circulation in Scotland: Bank of Scotland, Royal Bank of Scotland, and Clydesdale Bank. Scottish banknotes are unusual, first because they are issued by retail banks, not government central banks, and second, because they are technically not legal tender anywhere in the United Kingdom – not even in Scotland, where in law no banknotes even those issued by the Bank of England are defined as legal tender. Formally, they are classified as promissory notes, and the law requires that the issuing banks hold a sum of Bank of England banknotes or gold ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BBC News
BBC News is an operational business division of the British Broadcasting Corporation (BBC) responsible for the gathering and broadcasting of news and current affairs in the UK and around the world. The department is the world's largest broadcast news organisation and generates about 120 hours of radio and television output each day, as well as online news coverage. The service maintains 50 foreign news bureaus with more than 250 correspondents around the world. Deborah Turness has been the CEO of news and current affairs since September 2022. In 2019, it was reported in an Ofcom report that the BBC spent £136m on news during the period April 2018 to March 2019. BBC News' domestic, global and online news divisions are housed within the largest live newsroom in Europe, in Broadcasting House in central London. Parliamentary coverage is produced and broadcast from studios in London. Through BBC English Regions, the BBC also has regional centres across England and national news c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Polymer Banknote
Polymer banknotes are banknotes made from a synthetic polymer such as biaxially oriented polypropylene (BOPP). Such notes incorporate many security features not available in paper banknotes, including the use of metameric inks. Polymer banknotes last significantly longer than paper notes, causing a decrease in environmental impact and a reduced cost of production and replacement. Modern polymer banknotes were first developed by the Reserve Bank of Australia (RBA), Commonwealth Scientific and Industrial Research Organisation (CSIRO) and The University of Melbourne. They were first issued as currency in Australia during 1988 (coinciding with Australia's bicentennial year); by 1996, the Australian dollar was switched completely to polymer banknotes. Romania was the first country in Europe to issue a plastic note in 1999 and became the third country after Australia and New Zealand to fully convert to polymer by 2003. Other currencies that have been switched completely to polymer b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lloyds Banking Group
Lloyds Banking Group is a British financial institution formed through the acquisition of HBOS by Lloyds TSB in 2009. It is one of the UK's largest financial services organisations, with 30 million customers and 65,000 employees. Lloyds Bank was founded in 1765 but the wider Group's heritage extends over 320 years, dating back to the founding of the Bank of Scotland by the Parliament of Scotland in 1695. The Group's headquarters are located at 25 Gresham Street in the City of London, while its registered office is on The Mound in Edinburgh. It also operates office sites in Birmingham, Bristol, West Yorkshire and Glasgow. The Group also has extensive overseas operations in the US, Europe, the Middle East and Asia. Its headquarters for business in the European Union is in Berlin, Germany. The business operates under a number of distinct brands, including Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows. Former Chief Executive António Horta-Osório told ''The Banker' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union Bank Of Scotland
The Bank of Scotland plc (Scottish Gaelic: ''Banca na h-Alba'') is a commercial and clearing bank based in Scotland and is part of the Lloyds Banking Group, following the Bank of Scotland's implosion in 2008. The bank was established by the Parliament of Scotland in 1695 to develop Scotland's trade with other countries, and aimed to create a stable banking system in the Kingdom of Scotland. With a history dating to the end of the 17th century, it is the fifth-oldest extant bank in the United Kingdom (the Bank of England having been established one year earlier), and is the only commercial institution created by the Parliament of Scotland to remain in existence. It was one of the first banks in Europe to print its own banknotes, and it continues to print its own sterling banknotes under legal arrangements that allow Scottish banks to issue currency. In June 2006, the HBOS Group Reorganisation Act 2006 was passed by the Parliament of the United Kingdom, allowing the bank's st ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bezant
In the Middle Ages, the term bezant (Old French ''besant'', from Latin ''bizantius aureus'') was used in Western Europe to describe several gold coins of the east, all derived ultimately from the Roman ''solidus''. The word itself comes from the Greek Byzantion, ancient name of Constantinople, the capital of the Byzantine Empire. The original "bezants" were the gold coins produced by the government of the Byzantine Empire, first the ''nomisma'' and from the 11th century the ''hyperpyron''. Later, the term was used to cover the gold dinars produced by Islamic governments. In turn, the gold coins minted in the Kingdom of Jerusalem and County of Tripoli were termed "Saracen bezants", since they were modelled on the gold dinar. A completely different electrum coin based on Byzantine ''trachea'' was minted in the Kingdom of Cyprus and called the "white bezant". The term "bezant" in reference to coins is common in sources from the 10th through 13th centuries. Thereafter, it is mainly ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saltire
A saltire, also called Saint Andrew's Cross or the crux decussata, is a heraldic symbol in the form of a diagonal cross, like the shape of the letter X in Roman type. The word comes from the Middle French ''sautoir'', Medieval Latin ''saltatoria'' (" stirrup"). From its use as field sign, the saltire came to be used in a number of flags, in the 16th century for Scotland and Burgundy, in the 18th century also as the ensign of the Russian Navy, and for Ireland. Notable 19th-century usage includes some of the flags of the Confederate States of America. It is also used in the flag of Jamaica and on seals, and as a heraldic charge in coats of arms. The term saltirewise or in saltire refers to heraldic charges arranged as a diagonal cross. The shield may also be divided per saltire, i.e. diagonally. A warning sign in the shape of a saltire is also used to indicate the point at which a railway line intersects a road at a level crossing. Heraldry and vexillology The saltire i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Linen Bank
The British Linen Bank was a commercial bank based in the United Kingdom. It was acquired by the Bank of Scotland in 1969 and served as the establishment's merchant bank arm from 1977 until 1999. History Foundation The Edinburgh-based British Linen was "the only British bank to be formed on the basis of an industrial charter" and, as the name suggests, its roots lay in the Scottish linen industry. The original driving force behind the formation of the British Linen Company (as it was first named) was Andrew Fletcher, Lord Milton. He was a lawyer landowner, had been active in the promotion of the Royal Bank of Scotland and, according to Checkland, "from 1735 to 1766 he was the most important man in the politics of Scotland." He had helped establish the Board of Trustees for Fisheries and Manufactures in Scotland and was the chairman of the board's Linen Committee. In 1727 he had been instrumental in the formation of the Edinburgh Linen Co-Partnery and in the early 1740s Milton wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Athena
Athena or Athene, often given the epithet Pallas, is an ancient Greek goddess associated with wisdom, warfare, and handicraft who was later syncretized with the Roman goddess Minerva. Athena was regarded as the patron and protectress of various cities across Greece, particularly the city of Athens, from which she most likely received her name. The Parthenon on the Acropolis of Athens is dedicated to her. Her major symbols include owls, olive trees, snakes, and the Gorgoneion. In art, she is generally depicted wearing a helmet and holding a spear. From her origin as an Aegean palace goddess, Athena was closely associated with the city. She was known as ''Polias'' and ''Poliouchos'' (both derived from ''polis'', meaning "city-state"), and her temples were usually located atop the fortified acropolis in the central part of the city. The Parthenon on the Athenian Acropolis is dedicated to her, along with numerous other temples and monuments. As the patron of craft and weav ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of England Note Issues
The Bank of England, which is now the central bank of the United Kingdom, British Crown Dependencies and British Overseas Territories, has issued banknotes since 1694. In 1921 the Bank of England gained a legal monopoly on the issue of banknotes in England and Wales, a process that started with the Bank Charter Act of 1844 when the ability of other banks to issue notes was restricted. Banknotes were originally hand-written; although they were partially printed from 1725 onwards, cashiers still had to sign each note and make them payable to someone. Notes were fully printed from 1855. Since 1970, the Bank of England's notes have featured portraits of British historical figures. Of the eight banks authorised to issue sterling notes in the UK, only the Bank of England can issue banknotes in England and Wales, where its notes are legal tender. Bank of England notes are not legal tender in Scotland and Northern Ireland, but are always accepted by traders. The Bank of England ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
