Skip to content
Search

Latest Stories

Design for new King Charles III bank notes unveiled in UK

The new notes with the King are expected to enter circulation by mid-2024 and the current notes featuring the Queen will continue to be in regular use in parallel.

Design for new King Charles III bank notes unveiled in UK

The design for the first set of bank notes to feature the new monarch of Britain, King Charles III, was unveiled by the Bank of England here on Tuesday.

The 74-year-old monarch’s portrait will appear on the existing designs of all four polymer banknotes in the denominations of £5, £10, £20 and £50 with no other changes to the existing designs of the notes that feature his late mother Queen Elizabeth II's portrait.


The new notes with the King are expected to enter circulation by mid-2024 and the current notes featuring the Queen will continue to be in regular use in parallel.

“I am very proud that the Bank is releasing the design of our new banknotes which will carry a portrait of King Charles III,” said Bank of England Governor Andrew Bailey.

“This is a significant moment, as the King is only the second monarch to feature on our banknotes. People will be able to use these new notes as they start to enter circulation in 2024,” he said.

The King’s image will appear on the front of the banknotes as well as in the see-through security window, which is included in UK currency for added protection against fraud.

All polymer banknotes carrying a portrait of Queen Elizabeth II remain legal tender, which means they can continue to be used as normal.

In line with guidance from the UK’s Royal Household, to minimise the environmental and financial impact of this change, new notes will only be printed to replace worn-out banknotes and to meet any overall increase in demand for banknotes, the Bank of England said.

Notes featuring Queen Elizabeth II and King Charles III will therefore co-circulate for years ahead.

Although the note designs unveiled this week will feature a new portrait of the monarch, the reverse side of each note remains unchanged.

The current set, dubbed series G, features the following famous British characters in the designs on the reverse: £pound– war-time Prime Minister Winston Churchill; 10 pound – Author Jane Austen; £pound - artist JMW Turner; and £pound– coder Alan Turing.

Older paper bank notes were phased out to bring in the polymer versions in recent years.

While paper bank notes are longer legal tender and cannot be used as a means of payment, they can be presented for exchange either in person at the Bank of England premises in London or sent in by post.

(PTI)

More For You

Starmer

Starmer, who has faced negative coverage since taking office in July 2024, defended the appointment process.

Reuters

Starmer: I would not have appointed Mandelson if aware of Epstein ties

PRIME MINISTER Keir Starmer said on Monday he would not have appointed Peter Mandelson as UK ambassador to Washington had he known the extent of his links with convicted sex offender Jeffrey Epstein.

This was Starmer’s first public statement since dismissing Mandelson last week. The prime minister is facing questions over his judgement, including from Labour MPs, after initially standing by Mandelson before removing him from the post.

Keep ReadingShow less
Trump

Trump said the suspect had been arrested earlier for 'terrible crimes,' including child sex abuse, grand theft auto and false imprisonment, but was released under the Biden administration because Cuba refused to take him back.

Getty Images

Trump says accused in Dallas motel beheading will face first-degree murder charge

US PRESIDENT Donald Trump has described Chandra Mouli “Bob” Nagamallaiah, the Indian-origin motel manager killed in Dallas, as a “well-respected person” and said the accused will face a first-degree murder charge.

Nagamallaiah, 50, was killed last week at the Downtown Suites motel by co-worker Yordanis Cobos-Martinez, a 37-year-old undocumented Cuban immigrant with a criminal history.

Keep ReadingShow less
Starmer Mandelson

Starmer talks with Mandelson during a welcome reception at the ambassador's residence on February 26, 2025 in Washington, DC.

Getty

Starmer under pressure from party MPs after Mandelson dismissal

PRIME MINISTER Keir Starmer is facing questions within the Labour party after the sacking of US ambassador Peter Mandelson.

Mandelson was removed last week after Bloomberg published emails showing messages of support he sent following Jeffrey Epstein’s conviction for sex offences. The dismissal comes just ahead of US president Donald Trump’s state visit.

Keep ReadingShow less
Nepal’s new leader pledges to act on Gen Z calls to end corruption

Officials greet newly-elected Prime Minister of Nepal's interim government Sushila Karki (R) as she arrives at the prime minister's office in Kathmandu on September 14, 2025. (Photo by PRABIN RANABHAT/AFP via Getty Images)

Nepal’s new leader pledges to act on Gen Z calls to end corruption

NEPAL’s new interim prime minister Sushila Karki on Sunday (14) pledged to act on protesters’ calls to end corruption and restore trust in government, as the country struggles with the aftermath of its worst political unrest in decades.

“We have to work according to the thinking of the Gen Z generation,” Karki said in her first address to the nation since taking office on Friday (12). “What this group is demanding is the end of corruption, good governance and economic equality. We will not stay here more than six months in any situation. We will complete our responsibilities and hand over to the next parliament and ministers.”

Keep ReadingShow less
UK secures £1.25bn US investment ahead of Trump’s visit

US president Donald Trump and UK prime minister Sir Keir Starmer arrive at Trump International Golf Links on July 28, 2025 in Balmedie, Scotland. (Photo by Jane Barlow-WPA Pool/Getty Images)

UK secures £1.25bn US investment ahead of Trump’s visit

THE British government has announced over £1.25 billion ($1.69bn) in fresh investment from major US financial firms, including PayPal, Bank of America, Citigroup and S&P Global, ahead of a state visit by president Donald Trump.

The investment is expected to create 1,800 jobs across London, Edinburgh, Belfast and Manchester, and deepen transatlantic financial ties, the Department for Business and Trade said.

Keep ReadingShow less