From: mogga 
Newsgroups: uk.finance
Subject: Re: Do shops/garages take £50 notes
Date: Fri, 25 Aug 2006 12:20:23 +0100

On 25 Aug 2006 00:41:11 -0700, "Peter King" 
wrote:

>
>Ken wrote:
>> A self employed friend in Birmingham said he will not take £50 notes as
>> payment for his work as no shops will accept them round where he lives. I
>> have recently been paid a £500 bill in cash and it includes several £50
>> notes so does this mean shops generally will not accept them. Do different
>> shops have differing policies.
>
>Depends on the shop, small shops don't like taking them for small
>purchases because of the fraud risk and many don't keep 50 quid in
>change in the till.
>

At a local charity shop they no longer take £20s as they were stung at
both local shops on the same day with dodgy ones. 

>Larger shops and chains will usually take them quite happily.
>
>Your friend refusing to take them suggests to me that he doesn't want
>to bank them and declare the income to the tax man, bet he doesn't like
>cheques either.
>
>> I guess I can bank but am intrigued to the reaction if I present them in a
>> shop or garage. On what basis can they refuse and if I buy petrol and have
>> no other money or cards what will they do.
>> 
>> Ken
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