Sir Winston Churchill to feature on new banknote

[Chippiewill]

Sir Winston Churchill will feature on the new design of a banknote which will enter circulation in 2016, the Bank of England has announced.

The wartime leader's image is planned to feature on the reverse of the new £5 note, together with one of his most celebrated quotations.

Churchill was chosen owing to his place as "a hero of the entire free world", said Bank governor Sir Mervyn King.

The current face of the £5 note is social reformer Elizabeth Fry.

http://www.bbc.co.uk/news/business-22306707

I'm surprised he hasn't already starred on a note, it's quite a nice portrait of the guy.

[Ardemax]

Very appropriate, I think. Top bloke.

[-:Undertaker:-]

Pretty cool, be nice to see it in circulation eventually.

[GommeInc]

What a great, iconic figure to have on the new £5 note. I won't call it a Winston though, far too American naming notes after people on them

[peteyt]

I like it however I'm sick of them changing the design of the notes as a cashier as it makes it easier for forgeries

[Chippiewill]

Notes have to be changed anyway as they need to implement new security measures, may as well stick someone else on the notes whilst they're at it.

If anything this makes for more difficult forgeries as there are more ways to check it.

[Kardan]

I'm hoping it's in the same style as the £20... And I wonder who we will get on the new £10 when they get around to doing that one up

And this might be a stupid question, but when the Queen passes away, do we continue to use currency with the Queen on, or do they very slowly get faded out over a number of years? Obviously none of us can call on past experience, but I was wondering if anyone actually knew Bit of a stupid question actually, to phase out all existing currency just so we can have one with Charles' face on is a bit pointless I imagine it would stay in circulation until it got replaced (like the old £5's in 4 years time)...

[GommeInc]

I'm hoping it's in the same style as the £20... And I wonder who we will get on the new £10 when they get around to doing that one up

And this might be a stupid question, but when the Queen passes away, do we continue to use currency with the Queen on, or do they very slowly get faded out over a number of years? Obviously none of us can call on past experience, but I was wondering if anyone actually knew Bit of a stupid question actually, to phase out all existing currency just so we can have one with Charles' face on is a bit pointless I imagine it would stay in circulation until it got replaced (like the old £5's in 4 years time)...

It'll phase out like they do with new characters on notes (the £20 note that changed recently is one example). Stores will eventually hand in any cash they have to banks and have it changed for the new currency until the old notes become incredibly rare.

I would suggest looking at what the Dutch do when Beatrix is no longer the Queen (sometime this month or next), but unfortunately the most you can do with them is look at their Euro coins change

[-:Undertaker:-]

I'd like to see some more modern figures appear on the banknotes (not too modern of course) like Cecil Rhodes and the great merchants, Empire builders and business men this country has produced.

[Grig]

I'd like to see some more modern figures appear on the banknotes (not too modern of course) like Cecil Rhodes and the great merchants, Empire builders and business men this country has produced.

As much as I like Rhodes, it'll be much too controversial to include men who built Empire on notes, just because the issue is so polarizing and viewed in a negative light by many.