The Bank of England has been issuing banknotes for over 300 years.
Confidence in our currency is important for keeping the economy functioning, so we make sure the notes we produce are high quality, durable and resistant to counterfeiting.
Withdrawal of the paper £5 note
The paper £5 note will be withdrawn on 5 May 2017
. You can continue to spend them as normal until then, read the news release
Further information on the paper £5 withdrawal.
|On 18 July the Bank will mark the 200th anniversary of Jane Austen’s death, by unveiling the new £10 note featuring the renowned writer. The event will take place at Winchester Cathedral, where Austen was buried in 1817.|
Polymer £5 note
The new £5 was issued in September 2016. It's our first banknote to be made from polymer, a flexible plastic material, and it features Sir Winston Churchill.
J.M.W. Turner to appear on the next
In April 2016, the Governor announced at Turner Contemporary in Margate, that J.M.W. Turner will appear on the next £20 banknote due to be issued by 2020.
News release | The next £20 note
Moving to Polymer Banknotes
The new polymer £5 note was issued on 13 September 2016. The next £10 and £20 banknotes will also be printed on polymer. Polymer banknotes are cleaner, safer and stronger than paper banknotes.