Friday, August 8, 2025
  • About
  • Advertise
  • Careers
  • Contact
The Reflector Newspaper
  • Home
  • News
  • Politics
  • Featured
  • Foreign News
  • Business
  • Opinions
  • Sport
  • Crime
  • Others
    • Education
    • Economy
    • Entertainment
    • Fashion & Style
    • Health
    • Interview
    • Love & Relationships
    • Technology
  • Login
No Result
View All Result
The Reflector Newspaper
Home Featured

UK Introduces New Banknotes

Victor Okebunmi by Victor Okebunmi
June 5, 2024
in Featured, Foreign News
1
UK Introduces New Banknotes
0
SHARES
35
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsAppShare on TelegramSend to Email

Fresh banknotes featuring the image of King Charles III have been introduced into circulation in the United Kingdom on Wednesday.

 

Related posts

Oyo: Soldier Beaten In Nightclub For Allegedly Killing NSCDC Officer

One Injured As Tanker Skids Off Oyo Road

August 8, 2025
2027: INEC Caution Politicians Over Premature Campaigns

155 Associations Seek INEC’s Recognition As Parties

August 8, 2025

The four banknotes featuring the king’s portrait come in denominations of £5, £10, £20, and £50, and they will be circulated alongside those adorned with the image of the late Queen Elizabeth, who passed away in September 2022.

 

Though coins bearing Charles’ head entered circulation in December 2022, banknotes had to be produced as Britons increasingly use physical and online bank cards, rather than cash, to make payments.

 

 

Bank of England’s governor, Andrew Bailey, called it “a historic moment”, with the late queen having served a record 70 years on the throne.

 

He pointed out that it might take a while before they become prevalent in wallets and purses. The newly minted Bank of England notes will slowly substitute damaged ones or be distributed as demand rises.

 

“This is a historic moment, as it’s the first time we’ve changed the sovereign on our notes,” said the Bank of England governor.

 

“We know that cash is important for many people, and we are committed to providing banknotes for as long as the public demand them,” he said.

 

Based on a photograph owned by the royal household and made available in 2013, Charles III in late 2022, approved the final designs of the notes featuring his engraved portrait

The Reflector Newspaper's newsletters cover a variety of topics, from daily news to lifestyle content, markets info to medical news. Subscribe to get the latest information.

Unsubscribe
Previous Post

JUST IN: Minimum Wage Negotiations Resume In Abuja

Next Post

Kogi Government Plans To Deploy Artificial Intelligence To Curb Insecurity

Next Post
Kogi Government Plans To Deploy Artificial Intelligence To Curb Insecurity

Kogi Government Plans To Deploy Artificial Intelligence To Curb Insecurity

Comments 1

  1. elektriker in reinickendorf says:
    1 year ago

    What a fantastic article! The clarity and detail with which you explained the topic are truly commendable. Readers will greatly benefit from the depth of knowledge and useful information presented. It’s evident that your understanding of the subject is profound. Anticipating more of your exceptional work. Thank you for enlightening us with your expertise.

RECOMMENDED NEWS

Hurricane IRMA Will Wreck Havoc On Florida, Neighbouring States, Says US Official

8 years ago
Renewed Hope UK Commends President Tinubu’s Visionary Leadership With N49.8 Trillion’ Budget Of Restoration

Renewed Hope UK Commends President Tinubu’s Visionary Leadership With N49.8 Trillion’ Budget Of Restoration

8 months ago
Mpox: Nigeria Receives 10k Jabs, Africa Expects 500k Vaccines From Spain

WHO Okays First Mpox Vaccine

11 months ago
Tinubu Okays Appointment Of 21 New RMAFC Commissioners

Tinubu Okays Appointment Of 21 New RMAFC Commissioners

1 year ago

FOLLOW US

BROWSE BY CATEGORIES

  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Fashion & Style
  • Featured
  • Foreign News
  • Health
  • Interview
  • Love & Relationships
  • News
  • Opinions
  • Politics
  • Sport
  • Technology
  • Uncategorized

BROWSE BY TOPICS

#EndBadGovernance protest 2027 Elections ADC Ademola Adeleke Akpabio Alaafin Of Oyo APC Atiku Bola Tinubu Buhari CBEX Coalition Dangote Refinery Defection Economic and Financial Crimes Commission (EFCC) Economic Hardship EFCC Emergency Rule Federal Government of Nigeria Fubara Fuel Price Fuel Price Hike Gunmen INEC JAMB Natasha National Power Grid Nigerian National Petroleum Company Limited (NNPCL) Nnamdi Kanu NNPC NNPCL Olubadan PDP Peter Obi Petrol Price President Ahmed Bola Tinubu Rivers Administrator Rivers Assembly Rivers Crisis Senate Tinubu UTME VeryDarkMan WAEC Wike

POPULAR NEWS

  • Congo’s President Daughter’s Bedroom Surfaces Online

    Congo’s President Daughter’s Bedroom Surfaces Online

    0 shares
    Share 0 Tweet 0
  • Economy Bleeds As Naira Hits Record Low With N72.58 Depreiciation Against Dollar

    0 shares
    Share 0 Tweet 0
  • Old Naira Notes Remain Valid – CBN

    0 shares
    Share 0 Tweet 0
  • Gospel Actress, Flora Of Abattoir Movie Series Is Dead

    0 shares
    Share 0 Tweet 0
  • JUST IN: FCT Minister Wike Leads Eid-El-Fitr Homage To President Tinubu Amid Death Rumors

    0 shares
    Share 0 Tweet 0
The Reflector Newspaper

Our mission at The Reflector Newspaper is to cultivate a dynamic digital space where truth, integrity, and diversity thrive.

Follow us on social media:

Recent News

  • One Injured As Tanker Skids Off Oyo Road
  • 155 Associations Seek INEC’s Recognition As Parties
  • US Revokes Mexico Mayor’s Visa
  • UK Homelessness Minister Resigns Over Rent Hike

Category

  • Business
  • Crime
  • Economy
  • Education
  • Entertainment
  • Fashion & Style
  • Featured
  • Foreign News
  • Health
  • Interview
  • Love & Relationships
  • News
  • Opinions
  • Politics
  • Sport
  • Technology
  • Uncategorized

Recent News

Oyo: Soldier Beaten In Nightclub For Allegedly Killing NSCDC Officer

One Injured As Tanker Skids Off Oyo Road

August 8, 2025
2027: INEC Caution Politicians Over Premature Campaigns

155 Associations Seek INEC’s Recognition As Parties

August 8, 2025
  • About
  • Advertise
  • Careers
  • Contact

Copyright © 2024 The Reflector Newspaper. Website designed by Mavens Designs.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • Login
  • Home
  • News
  • Politics
  • Featured
  • Foreign News
  • Business
  • Opinions
  • Sport
  • Crime
  • Others
    • Education
    • Economy
    • Entertainment
    • Fashion & Style
    • Health
    • Interview
    • Love & Relationships
    • Technology

Copyright © 2024 The Reflector Newspaper. Website designed by Mavens Designs.

Verified by MonsterInsights