Are shops allowed to refuse £50 notes even though they are legal tender? And will the BoE reduce worries over fakery by making them polymer?



I recently visited a local haberdashery store and purchased some fabric material totalling £53.45. I attempted to pay with a £50 note and the rest in coins. However, the sales assistant refused it.
I spoke to the manager who then informed me it isn't 'company policy' to accept them. 
It's not as if I was trying to pay a small bill of £5 or so that would have deprived them of all the cash change in the till as I understand the frustrations there. Don't they realise they're refusing legal tender?
As an antique dealer I receive a lot of £50 notes and we depend a great deal on cash. 
I find it... read more

 
1 August 2017 in Business, Views: 59
Source: Daily Mail
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