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Banknotes of the pound sterling are the official paper currency issued by the Bank of England and other authorized banks in the United Kingdom, as well as by some territories and overseas dependencies. The pound sterling is abbreviated as GBP (Great British Pound), and its symbol is £. ### Key Features: 1. **Denominations**: The Bank of England issues notes in various denominations, including £5, £10, £20, and £50.

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