Westminster Bank Westminster Bank Westminster Bank was a British retail bank which operated in England and Wales from 1834 until its merger into the National Westminster Bank in 1970; it continued to exist as a dormant registered non-trading company until 4 July 2017 when it was dissolved Considered one of the Big Five, it expanded during the nineteenth and twentieth centuries and took over a number of smaller banking companies. In 1834, the London and Westminster Bank was the first firm founded under the auspices of the Bank Charter Act 1833, which allowed joint-stock banks to be established in the capital. For
History of the British penny (1901–1970) as the halfpenny had been withdrawn in 1969. With decimalisation the new penny carried a value of 1/100 of a pound. Total struck by date and mint mark appearing on coin. H is for Heaton Mint; KN for King's Norton. History of the British penny (1901–1970) The British penny ( of a pound sterling), a large, pre-decimal coin continuing the series of pennies that began about the year 700, was struck intermittently during the 20th century until its withdrawal after 1970. Throughout the period 1901 to 1970, the obverse ("heads" side) of the bronze coin depicted the monarch who was