Bank Notes: Design

(asked on 8th June 2026) - View Source

Question to the HM Treasury:

To ask His Majesty's Government whether they were consulted by the Bank of England on its decision to replace historical figures on future banknote designs; and whether they will publish any correspondence relating to that consultation.


Answered by
Lord Livermore Portrait
Lord Livermore
This question was answered on 18th June 2026

As set out in the Memorandum of Understanding between HM Treasury and the Bank of England, the Bank is entirely responsible for the design, production, issue and distribution of banknotes.

As such, HM Treasury is not consulted by the Bank of England on its banknote designs.

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