Written questions

Bank Notes: Design

2026-05-28 · Treasury · 4144 · Official question

Mike Wood

Question

To ask the Chancellor of the Exchequer, with reference to the answer of 10 April 2026 to Question 121749 on Bank Notes: Design, which officials determined the 2025 recommendations to the Governor.

Answer

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. The Bank of England established a new internal advisory...