• Latest
  • Trending
  • All

Bank of England to redesign banknotes

July 2, 2025

Thousands of NI workers to get pay bump as Real Living Wage rises

October 15, 2026

Burnham had two hospitality dinners with Man City chairman, deleted records show

October 15, 2026

Anthropic flags revenue surge to investors ahead of stock market debut

October 15, 2026

Sussex time capsule celebrates 100 years of Winnie-the-Pooh

October 15, 2026

Netflix to shed 1,000 jobs in steepest cuts since 2022

October 14, 2026

US inflation rises more than expected – here’s what is happening with prices

October 14, 2026

Watch: Can the Fort Hood shooter’s execution be livestreamed?

October 14, 2026

Starlink: Musk says US government may be behind slowdown of Ukraine drone speeds

October 14, 2026

We are behind you and that will not change, PM tells Zelensky

October 14, 2026

Raye hits back at ticket touts who took over Albert Hall sign-up

October 14, 2026

Swimmer Archie Goodburn thanks prime minister as brain cancer review announced

October 14, 2026

Ji-sung Eom racist abuse: Millwall boss Alex Neil criticised for stoppage comments

October 14, 2026
News
  • Login
  • Home
  • News
  • Sports
  • Worklife
  • Travel
  • Reel
  • Future
  • More
Thursday, October 15, 2026
No Result
View All Result

NEWS

3 °c
London
8 ° Wed
9 ° Thu
11 ° Fri
13 ° Sat
  • Home
  • Video
  • World
    • All
    • Africa
    • Asia
    • Australia
    • Europe
    • Latin America
    • Middle East
    • US & Canada

    Sydney teen charged with murder of boy who was shot in face

    Republic of Ireland: Public sector strike begins

    Mauritius reels from worst riots in decades after woman shot by police

    Australia’s first Michelin stars awarded to 11 restaurants

    Germany puts Ukrainian on trial accused of blowing up Nord Stream pipelines

    Argentina targets UK in legal claim over Falklands oil exploration

    Houthi missile hits Aramco building after Saudi-led coalition hits Yemen fuel depot

    Pope diagnosed with lung cancer but had successful surgery, Vatican says

    Qantas flight grounded after bedbug outbreak

  • UK
    • All
    • England
    • N. Ireland
    • Politics
    • Scotland
    • Wales

    Burnham had two hospitality dinners with Man City chairman, deleted records show

    Sussex time capsule celebrates 100 years of Winnie-the-Pooh

    We are behind you and that will not change, PM tells Zelensky

    Swimmer Archie Goodburn thanks prime minister as brain cancer review announced

    Ji-sung Eom racist abuse: Millwall boss Alex Neil criticised for stoppage comments

    Waterford: Vigil held after murder of four family members

    Zelensky and Burnham to meet in Downing Street

    Family pays tribute to ‘warm and engaging’ man killed in tiger attack

    Man killed in tiger attack identified as William Chapman

  • Business
    • All
    • Companies
    • Connected World
    • Economy
    • Entrepreneurship
    • Global Trade
    • Technology of Business

    Thousands of NI workers to get pay bump as Real Living Wage rises

    Netflix to shed 1,000 jobs in steepest cuts since 2022

    US inflation rises more than expected – here’s what is happening with prices

    Shropshire heating oil users face tough choices as prices rise

    Poundland in rescue talks as owners seek buyer

    Three things we’ve learnt about the UK economy from the IMF

    Cost-of-living struggles inspire new supermarket in Newcastle-under-Lyme

    Lego fraudster among last year’s most high-profile insurance scammers

    Healey faces £35bn Budget challenge to meet spending pledges, says think tank

  • Tech
  • Entertainment & Arts

    Meghan hits red carpet at Power of Women in Hollywood

    Margot Robbie unable to speak at Saltburn premiere

    Barbra Streisand: Siri can now pronounce my name

    Wes Anderson’s The Grand Budapest Hotel inspires cinema’s look

    Taylor Swift/ Travis Kelce romance reaches White House

    The Killers booed at Georgia concert after inviting Russian fan on stage

    Watch: Memorable moments from Parkinson's star-studded show

    Tom Jones: Neighbour surprised to find singer in flat below

    Black Country Folk Festival showcases local musicians

    Watch: Australians set new world record with Tina Turner dance

  • Science
  • Health
  • In Pictures
  • Reality Check
  • Have your say
  • More
    • Newsbeat
    • Long Reads

NEWS

No Result
View All Result
Home Business Economy

Bank of England to redesign banknotes

July 2, 2025
in Economy
8 min read
240 15
0
496
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


Kevin Peachey

Cost of living correspondent

BBC Bank of England chief cashier Victoria Cleland holds banknotes and stands in front of mock-ups of new themed notes.BBC

Victoria Cleland, the Bank’s chief cashier, wants people to have their say

Banknotes issued by the Bank of England are about to get their first major redesign in more than 50 years.

Notable historical figures, such as Sir Winston Churchill on the current fiver, have featured on these banknotes since 1970 but could be on the way out.

The public are being asked for their views on new themes, such as nature, innovation, or key events in history.

It raises the possibility of British birds, bridges, or bangers and mash featuring on the next series of £5, £10, £20 and £50 notes.

‘National identity’

The monarch has appeared on Bank of England notes since 1960. Images of historical characters, starting with William Shakespeare, were first seen on the reverse side a decade later.

At times the choices have landed the Bank in hot water. The absence of any women, apart from Queen Elizabeth II, on notes in 2013 prompted a huge backlash.

Now, the Bank is proposing that designs on the next series of notes could move on to a new theme. While notable historical figures remain an option, other possible subject matters suggested by the Bank include:

  • architecture and landmarks, such as famous buildings or castles
  • arts, culture and sport, including food, film and novels
  • noteworthy events in history, which could include events or movements
  • innovation, such as technology or discoveries
  • nature, celebrating plants, animals or natural landscapes such as rivers or coastal scenes

The public are being invited to give their views. They can also suggest their own themes, which may prompt plenty of jokes – Notey McNoteface will undoubtedly feature – and debate.

“Banknotes are more than just an important means of payment. They serve as a symbolic representation of our collective national identity and an opportunity to celebrate the UK,” said Victoria Cleland, the Bank’s chief cashier, whose signature appears on notes.

“I am really keen to hear what themes the public would like to see represented.”

Getty Images Selection of banknotes including £5, £10 and £20 notes.Getty Images

Ms Cleland said banknotes were “little pieces of art in our pocket”, but there were some extra considerations over what can go on them, such as accessibility and security features.

She told the BBC she was “open minded” over what theme should be introduced, but said continuing with historical figures was not being ruled out.

However, she was keen to widen the choice, albeit it needed to be enduring, and not divisive, she said.

Banknotes issued in Scotland and Northern Ireland already carry images of landmarks and animals such as otters. Euro banknotes feature architectural styles.

Some notes around the world are incredibly colourful.

De La Rue Images of the Bermuda Monetary Authority $5 note featuring a marlin.De La Rue

Bermuda’s $5 note is an international prize-winner

Bermuda Monetary Authority’s $5 note won last year’s International Bank Note Society’s banknote of the year award.

It is predominantly pink and carries images of a blue marlin, dolphins and tuna fish as well as a profile of King Charles III. The back of the vertically designed note combines butterflies, flora, Horseshoe Bay, and a boat passing beneath Somerset Bridge.

The Bank of England’s notes have been less dramatic, featuring abstract geometric designs, lions or Britannia in years gone by.

The crop of historical characters on the current series of circulating notes, in ascending order of note value, are Churchill, Jane Austen, JMW Turner and Alan Turing.

This public consultation relates to the Bank’s next series, which will also continue to include an image of the monarch. People can submit their view via an online form on the Bank’s website, or by post, by the end of July.

The final decision on what exactly features on a banknote lies with the Bank’s governor.

More than 4.7 billion Bank of England notes are in circulation, collectively worth around £86bn.

Cash use has fallen to 12% of transactions as payments technology evolves, but the Bank has said it is committed to providing cash for those who wish to use it.

A thin, grey banner promoting the News Daily newsletter. On the right, there is a graphic of an orange sphere with two concentric crescent shapes around it in a red-orange gradient, like a sound wave. The banner reads: "The latest news in your inbox first thing.”

Get our flagship newsletter with all the headlines you need to start the day. Sign up here.



Source link

Tags: bankbanknotesEnglandredesign

Related Posts

US inflation rises more than expected – here’s what is happening with prices

October 14, 2026
0

Inflation has risen to 3.7% in the year to September, which is a higher-than-expected increase fuelled by petrol prices.Vehicle...

Three things we’ve learnt about the UK economy from the IMF

October 13, 2026
0

There is increased concern about how much money countries are borrowing, but the IMF said the UK is doing...

Healey faces £35bn Budget challenge to meet spending pledges, says think tank

October 12, 2026
0

Chancellor John Healey faces having to find £35bn to avoid cuts to public spending while meeting defence promises in...

  • Lee McGregor: Scot seeks world title in 2025 & Nathaniel Collins bout

    680 shares
    Share 272 Tweet 170
  • Belgian footballer arrested in cocaine investigation

    535 shares
    Share 214 Tweet 134
  • Next to raise prices to help pay for rising wage costs

    534 shares
    Share 214 Tweet 134
  • South Wales Police officers injured, one arrested

    526 shares
    Share 210 Tweet 132
  • ‘It stirred the people to breathless wonder and scalding abuse’: The tumultuous history of the Sydney Opera House

    521 shares
    Share 208 Tweet 130
  • Trending
  • Comments
  • Latest

Lee McGregor: Scot seeks world title in 2025 & Nathaniel Collins bout

January 16, 2025

Belgian footballer arrested in cocaine investigation

January 27, 2025

Next to raise prices to help pay for rising wage costs

January 7, 2025

World Cup 2022: TikTok brings football fever to millions of fans

0

UK economy will get worse before it gets better, warns chancellor

0

One of Central America’s most active volcanoes erupts again

0

Thousands of NI workers to get pay bump as Real Living Wage rises

October 15, 2026

Burnham had two hospitality dinners with Man City chairman, deleted records show

October 15, 2026

Anthropic flags revenue surge to investors ahead of stock market debut

October 15, 2026

Categories

Business

Thousands of NI workers to get pay bump as Real Living Wage rises

October 15, 2026
0

About 6,000 workers in NI are paid the Real Living Wage - which is voluntarily paid to reflect the...

Read more

Burnham had two hospitality dinners with Man City chairman, deleted records show

October 15, 2026
News

© 2023 GODJ - NEWS CORP - news.godj.com.

Explore NEWS.GODJ.COM

  • Home
  • News
  • Sports
  • Worklife
  • Travel
  • Reel
  • Future
  • More

Follow Us

  • Home Main
  • Video
  • World
  • Top News
  • Business
  • Sport
  • Tech
  • UK
  • In Pictures
  • Health
  • Reality Check
  • Science
  • Entertainment & Arts
  • Login

© 2023 GODJ - NEWS CORP - news.godj.com.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.