King Charles III banknote designs unveiled
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The designs for banknotes featuring images of King Charles III have been unveiled by the Bank of England ahead of their circulation by the middle of 2024. This means that notes featuring Queen Elizabeth II and King Charles III will “co-circulate”, according to Threadneedle Street. Bank governor Andrew Bailey said: “I am very proud that the Bank is releasing the design of our new banknotes which will carry a portrait of King Charles III. “People will be able to use these new notes as they start to enter circulation in 2024.” Fifty pence coins featuring the image of King Charles III are entering circulation this month, with 4.9 million coins being distributed across 9,452 Post Office branches nationwide.