Banknotes

There are over 3.9 billion Bank of England notes in circulation. Together they are worth about £71 billion.

Overview 

Confidence in banknotes is important for keeping the whole economy functioning. That is why we work hard to ensure our notes are high quality, durable and difficult to counterfeit.

Our banknotes

Our notes are designed to be difficult and time consuming to copy. We work closely with De La Rue, the company that currently prints our notes, to ensure they are of a consistently high quality.

There are four denominations (values) of Bank of England notes in circulation: £5, £10, £20 and £50.

Upcoming banknotes

We will issue a new £50 note in 2021. It will be printed on polymer and it will feature the mathematician Alan Turing.

This page was last updated 19 February 2020
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