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    Home»Business

    King Charles to appear on UK bank notes from June

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    By News Team on February 23, 2024 Business, Money Tips, UK News
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    The Bank Of England has announced that King Charles to appear on UK bank notes later this year.

    Banknotes featuring the portrait of King Charles III will enter circulation in Britain from June 5, the Bank of England said on Wednesday, more than a year after unveiling their design.

    The king’s portrait will appear on five, 10, 20 and 50 pound polymer banknotes and will be circulated alongside existing notes that feature the late Queen Elizabeth.

    Entering circulation gradually following Royal advice

    New banknotes featuring Charles will only be printed to replace those that are worn, and to meet any overall surge in demand for notes, the BoE said.

    That means the new notes featuring the 75-year-old monarch, who is known for his environmental campaigning, will enter circulation “very gradually”, the BoE added.

    The bank said that approach was in line with guidance from the Royal Household and aimed at minimising the environmental and financial impact of the change.

    Britain’s Royal Mint began issuing the first coins featuring his profile into general circulation in late 2022.

    Bank Of England featured King Charles III Money UK featured
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