Bank of England note issues was decided to replace the 10/- note with the 50p coin. The ten-shilling note was withdrawn from circulation on 20 November 1970 following the introduction on 14 October 1969 of the fifty pence coin. The first Bank of England £1 note was issued on 2 March 1797 under the direction of Thomas Raikes, Governor of the Bank of England, and according to the orders of the government of William Pitt the Younger, in response to the need for smaller denomination banknotes to replace gold coin during the French Revolutionary Wars. The Bank of England's first £1 note since 1845 was
Bank of Ireland £10 note design remained effectively unchanged for 120 years. Northern Irish banknotes are fully backed such that holders have the same level of protection as those holding genuine Bank of England notes. The £10 note is currently the second smallest denomination of banknote issued by the Bank of Ireland. The £10 note of the Queen's University Belfast Series was first issued in 2005. This issue features a representation of Hibernia on the front, alongside shields of arms of the six counties of Northern Ireland. The back of this note displays an image of Queen's University Belfast. In 2008 a new series featuring