Bank Notes: Design
Lords · Question HL755 · Tabled 8 Jun 2026 · Treasury · Official record
Answered 22 Jun 2026
Question
Asked by Lord Reid of Cardowan
To ask His Majesty's Government what steps they are taking to ensure that future Bank of England banknote designs reflect the cultural, historical, and regional diversity of the United Kingdom.
Answer
Answered by Lord Livermore, 22 Jun 2026
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. In 2025, the Bank of England established a new internal...