Existing notes featuring the portrait of the late Queen will continue to be legal tender
King Charles has come face to face with the first banknotes bearing his portrait in a milestone moment for the monarch.
They were joined by Sarah John, the Bank of England’s Chief Cashier, whose signature appears on the currency, and the King gave a broad grin as he greeted his guests in the 1844 Room. The reverse side characters remain unchanged from previous editions – with Sir Winston Churchill on the £5, Jane Austen on the £10, JMW Turner on the £20 and Alan Turing on the £50.
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