New Pounds will represent all four nations of the UK
Banknotes will feature images from all four nations of the UK starting with the new £5 note featuring Sir Winston Churchill entering circulation in 2016.
Chief Cashier, Victoria Cleland said:
“The Bank is delighted with the number and breadth of the nominations we have received, and we are very grateful to all those who have engaged with us on this new initiative. The fact that so many visual artists have been put forward by the public underlines the extent of British achievement in the visual arts and reinforces why this field deserves to be recognised on the next £20 note.” [The new £20 note is expected to enter circulation by 2020.]
“During this process, we have repeatedly heard how important banknotes are as a symbol of the United Kingdom. So the Bank is pleased to announce today that after careful consideration future banknote designs, starting with the new polymer £5 note, will explicitly represent all four nations of the UK.”
The design will be released when the new £5 note is unveiled in 2016.