Question to the HM Treasury:

To ask the Chancellor of the Exchequer, Pursuant to the answer of 24 March 2026, to Question 119974, on Bank Notes: Design, if she will make it her policy to have discussions with the Court of the Bank of England to lobby for the retention of historic British figures from the new series of British banknotes.

As set out in the Memorandum of Understanding between HM Treasury and the Bank of England, the Bank of England is entirely responsible for the design, production, issue and distribution of banknotes. There are no current plans to change these responsibilities.

The Bank of England will launch another consultation in summer 2026 to seek the views of the public on images for the next series of banknotes. Further detail can be found on the Bank of England’s website.

The final decision about what imagery will appear on the next series of banknotes will be made by the Governor of the Bank of England.