Key Facts

• The Bank of England has invited the public to suggest ideas for the first major redesign of banknotes in 50 years.
• They received many ideas from young people, who are reported to use cash less often.
• Example design suggestions include a dolphin, the Sycamore Gap tree, and the Angel of the North sculpture.
• The Bank asked for new themes such as nature, innovation, and key historical events.
• Public engagement showed a strong interest in themes, including engineering, folklore, and transport.
• The current banknotes feature historical figures; the new series might include different themes like architecture, culture, and sport.
• The monarch will continue to be featured on the notes.
• The final decision on the new banknote design will be made by the Bank's governor, Andrew Bailey.