Here's how long you have left to spend your old £10 notes

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The Bank of England has announced that the old £10 paper banknote featuring Charles Darwin will be officially withdrawn from circulation on 1 March next year.

A use by date of March 1, 2018, has been slapped on £10 paper notes following the introduction of the plastic tenner on September 14.

A decision is yet to be made on whether new £50 notes will be issued in polymer.

The old note is being gradually withdrawn from circulation, and the new £10, which only entered circulation in September, already accounts for 55% of £10 notes now in use.

Speaking about the new note at the time, BofE governor Mark Carney said: "The new £10 note celebrates Jane Austen's work".

"The note will also include a new tactile feature on the £10 to help the visually impaired, ensuring the nation's money is as inclusive as possible".

The innovative polymer is more secure and durable in comparison with an old note, depicting Mr Darwin, one of the greatest personality in England's history.

It added that these notes can still be exchanged at the Bank of England in London after this cut-off date.

They contain special technology that makes them harder to forge, as well as new features that make them easier to use for people who are blind or partially sighted. As of October 3, 55pc of £10 notes in circulation were polymer.

The new plastic notes are considered tear-proof, waterproof and expected to last around five years.

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