From: "Alex" 
Newsgroups: uk.finance
Subject: Re: Do shops/garages take =?iso-8859-1?Q?=A350_notes?=
Date: 29 Aug 2006 16:01:55 GMT

At 16:14:21 on 25/08/2006, Robert delighted uk.finance by announcing:

> 
> Nebulous wrote:
> > "Ken"  wrote in message
> > news:44eea2c3$0$2553$fa0fcedb@news.zen.co.uk...
> > > 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.
> > 
> > I have often seen signs up in shops saying due to high levels of
> > fraud we do not accept £50 notes. Small shops often don't have a
> > lot of change, so might not even be able to change one. My
> > understanding is that very few shops will take them.
> > 
> 
> Is there not a difference between the case when (1) you owe someone
> money and they refuse legal tender (£50 note) when you offer to pay
> and (2) the case where they say in advance (by such notices) that they
> will not accept £50 notes. 

No.  Legal tender has no meaning in normal circumstances.