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Banknotes from the Bank of England are set to undergo a major redesign, marking the first significant change in over half a century. Traditionally featuring notable historical figures like Sir Winston Churchill on the current £5 notes, the Bank is now seeking public input on new themes that could include nature, innovation, or key historical events. This fresh approach opens up possibilities for British birds, bridges, or even bangers and mash to appear on the upcoming £5, £10, £20, and £50 notes.
Since 1960, Bank of England notes have prominently displayed the monarch, with historical characters such as William Shakespeare introduced on the reverse side a decade later. While notable figures have been subject to scrutiny in the past, with backlash arising from the absence of women on notes in 2013, the Bank is now considering a transition to new themes for the upcoming series. Alongside traditional options like notable historical figures, potential subjects include architecture, arts, culture, events in history, innovation, or nature, inviting the public to contribute their opinions and suggest themes.
Banknotes, according to Victoria Cleland, the Bank’s chief cashier, play a significant role in symbolizing national identity and celebrating the UK. Cleland emphasized the importance of public feedback in deciding the themes to be represented on the new banknotes. These mini works of art in people’s pockets must strike a balance between artistic expression, accessibility, and security features. Despite the possibility of exploring new themes, historical figures may not be entirely out of the picture, as seen in banknotes from Scotland, Northern Ireland, and even the Euro featuring various elements including animals, buildings, and architectural styles.
Last year, Bermuda’s $5 note received the prestigious International Bank Note Society’s banknote of the year award for its unique design. While some international notes boast vibrant colors and intricate designs, Bank of England notes have traditionally taken a more conservative approach, with abstract geometric designs, lions, or Britannia being recurrent motifs. As consultations continue for the Bank’s upcoming series, including inputs from the public, the final decision on the note’s design ultimately rests with the Bank’s governor. With cash usage on the decline due to advancing payment technology, the Bank remains committed to providing cash for those who prefer its usage, with over 4.7 billion Bank of England notes currently in circulation
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