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Coronavirus guidance for employers and businesses

27 Feb 2020

The Government has issued guidance to assist employers and businesses provide advice to staff on the Coronavirus and how to preventthe spread of all respiratory infections
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Frankie Bridge helps launch search to find Britain's Best Small Shop of 2020

26 Feb 2020

Singer and now author Frankie Bridge has helped launch the search to find the UK's Best Small Shop of 2020
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Environment Bill Returns to Parliament

25 Feb 2020

The Environment Bill includes commitments on tackling plastic pollution and details how they plan on meeting the net-zero target by 2050
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Government Announces Ban on the Sale of Wood and Solid Fuels from 2021

25 Feb 2020

The Department for Environment, Food and Rural Affairs have announced plans to introduce restrictions on the sale of wood and a ban on coal from next year
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Polymer £20 Bank Notes have entered circulation

25 Feb 2020

From 20th February the new polymer £20 will enter circulation and begin appearing in ATMs across the UK
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Some Local Bike Shop Day ideas to get you going

24 Feb 2020

Ideas that can help you to get your customers and the wider community involved in Local Bike Shop Day

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Free trade entry for The London Bike Show through the ACT

17 Feb 2020

Register for your free trade entry to London Bike Show now Read more…

The Best Small Shops competition gets a new look

14 Feb 2020

The IRC are delighted to announce a rebranding of the Best Small Shops competition to celebrate the fast-paced level of growth and to further amplify the competition

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Redesigning Retail

6 Feb 2020

How big brands are turning the traditional retail model it on its head.
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Calling all Knitters and Crocheters to take part in Reading University survey

4 Feb 2020

The Director at Stitchlinkshas put out a request to all who enjoy knitting or crocheting to take part in a study to explore the psychological effects of knitting and crocheting.
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Polymer £20 Bank Notes have entered circulation

Posted on in Business News, Cycles News, Political News

From 20th February the new polymer £20 will enter circulation and begin appearing in ATMs across the UK.  

The £20 polymer note has been designed to be the most secure banknote yet, incorporating sophisticated security features which are difficult to counterfeit but are simple for retailers to check.

The two main security features to look out for are:

  1. See through windows - Look at the metallic image over the main window. Margate Lighthouse appears in gold foil with the Turner Contemporary gallery in blue and the foils are silver on the back. There is another small see-through window in the bottom corner of the note.
  2. Hologram image - The metallic patch under the main window contains the word ‘Twenty'. This changes to ‘Pounds' when the note is tilted from side to side.

Paper £20 notes will remain legal tender and should be spent and accepted as usual. These notes will be gradually withdrawn as they are banked. Notice will be given six months ahead of legal tender status being withdrawn.

Checklist for Retailers

  • Make sure that you know which cash handling machines are being operated by your business. These machines include: self-service check-outs, ATMs, desktop counters, ticket machines and any other machines that weigh, count, sort, accept, dispense or recycle banknotes.
  • Contact the manufacturer or supplier of your machines to discuss what adaptations will be required for issuance of the new £20 note, and when they will be available. For most machines, a software update will be needed.
  • Aim to implement adaptations to your machines before any new note is issued.
  • Train your staff on the new features of the polymer £20 note

The full list of security features and more information about the new polymer banknote are available here.

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