Finance
Banknotes Featuring The Image Of King Charles III Unveiled
By Shanieka Smith
Staff Writer
#UnitedKingdom, December 22, 2010 – The new English bank notes featuring King Charles III were unveiled by The Bank of England on Tuesday. The £5, £10, £20 and £50 notes will now feature his portrait; this will be the
The Bank of England announced that the new bank notes will be in circulation by mid-2024.
It said the new notes will only be issued to replace worn notes to prevent any environmental or financial crises; old notes featuring the late Queen’s portrait will still be accepted in stores.
Governor of the Bank of England, Andrew Bailey, expressed how proud he was of the new designs saying it was a very important moment. The King is only the second monarch to feature on English banknotes.