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Wildlife to feature on next series of Bank of England banknotes

AI Analysis

Executive Summary

The Bank of England has announced that **wildlife imagery will replace historical figures on the next series of banknotes**, following a public consultation in which nature received 60% support. This decision represents a significant shift in banknote design policy and carries implications for currency authentication, public engagement, and operational planning across the payments ecosystem.

What Changed

  • The Bank of England is implementing the following design changes:
  • Theme Selection: Wildlife native to Britain will feature on all denominations (ยฃ5, ยฃ10, ยฃ20, ยฃ50) of the next banknote series, replacing historical figures such as William Shakespeare, Winston Churchill, and Jane Austen.
  • Monarch Continuity: King Charles' portrait will continue to appear on all notes.
  • Security Integration: Wildlife imagery has been selected partly for its effectiveness in developing banknotes with easily recognizable and distinguishable security features.
  • Scope Expansion: The design may incorporate additional natural elements including plants and landscapes to complement wildlife imagery.
  • Expert Curation: A panel of UK wildlife experts will create a curated list of species for public selection, rather than allowing unrestricted choices.

Suggested Considerations

  • *Monitor the summer 2026 consultation: Track the announcement of the wildlife expert panel's curated species list and participate in the second consultation if relevant to your operations
  • *Plan for authentication updates: Currency handlers and retailers should prepare staff training programs for new security features once designs are finalized
  • *Update systems and procedures: Payment processors and financial institutions should plan for gradual transition protocols as new notes enter circulation
  • *Engage with BoE communications: Subscribe to Bank of England announcements regarding final design decisions and implementation timelines
  • *Prepare customer communications: Financial institutions should develop materials explaining the design change and new security features to customers

Key Dates

July 2025
- Initial public consultation on banknote themes closed
Summer 2026
- Second public consultation to gather views on specific wildlife species (announced as forthcoming)
Future (multi
year process); - Design, testing, and printing of next-generation banknotes with anti-counterfeiting technology
Several years ahead
- Issuance of next generation of banknotes

Compliance Impact

Urgency: Medium

Who is Affected

Bank of EnglandCommercial banknote producersPayment service providers and retailersCurrency authentication technology vendorsFinancial institutions and banksThe general public

AI-generated analysis. May contain errors or omissions โ€” verify with the original BoE source before acting. Full disclaimer.

Summary

Images of the UKโ€™s wildlife are to feature on the next series of banknotes following a public consultation run by the Bank of England.

Relevant Firm Types

BankPayment Provider
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