The value of banknotes in circulation has trebled to more than £60bn in the last twenty years, the Bank of England has revealed.
Here are five facts about the cash in your wallet (or maybe under your mattress or down the back of your sofa):
1. The £60bn of physical banknotes sloshing around amounts to about £1,000 worth of banknotes for each person in the UK.
The coins doing the rounds make up a far smaller amount: at the end of March 2015, there was only £4.2bn worth of coins in circulation.
2. No more than half of the banknotes in circulation are used...
Once used to store people's most treasured possessions & valuables, now they're a service that banks no longer offer. What's inside them these days?
In vaults and strong rooms below our ordinary streets are rows of locked containers filled with secrets and treasure.
The contents of each is precious to someone. Valuable jewellery or important documents, maybe. Or papers and photographs whose worth is purely sentimental to that person. You can picture the occasional spy stashing a false passport for an emergency getaway.
Most high street banks are phasing safe deposit boxes out, with some closing the service to...
John Collins, Daniel Jones, Terry Perkins and Brian Reader all pleaded guilty at Woolwich Crown Court today.
Dubbed Dad's Army, nine suspects aged between 42 and 76, have been charged with conspiracy to burgle and launder proceeds from the heist at Hatton Garden Safety Deposit Centre in London’s Hatton Garden over the Easter Bank Holiday Weekend in April 2015.
Amongst the suspects are Terry Perkins, 67, of Heene Road, Daniel Jones, 58, of Park Avenue, and Hugh Doyle, 48, of Riverside Gardens, all from Enfield, north London; William Lincoln, 60, of Winkley Street, Bethnal Green, east London, and John Collins, 74, of...
A despicable pair of loan sharks have been jailed for charging up to 5,000% interest and even marched one elderly couple to a cash point at midnight to get £140 of their £141 pension!
A couple who provided cash loans for struggling families and elderly members of the community and then forced them to pay 5,000 per cent interest have been jailed, for 12 months each.
Elizabeth Powell and boyfriend Paul Bow...
Manchester is Number 3 on List of Cities & Towns Targeted for Burglaries.
With Manchester being in the top 3, most burgled cities in the North West, we urge you to keep your cash, jewellery & most valuable possessions safe & secure in our Grade 10 vault with finger print access at The Safe Deposit Centre Manchester.
November saw an average of 10 per cent increase in burglary frequency last year, with the first week in December seeing a rise of 25 per cent, according to analysis from the over 50s insurance provider RIAS.
These figures indicated that Bradford, London, Manchester and Leeds...