From MoneyWeek · · 1m 30s
Bank of England picks four animals for new banknotes
Bank of England confirms Atlantic puffin, barn owl, buff-tailed bumblebee and European hedgehog will feature on next banknotes.
In brief
Bank of England confirms Atlantic puffin, barn owl, buff-tailed bumblebee and European hedgehog will feature on next banknotes. The Bank of England selected four UK animals after public consultation to replace historical figures on new banknotes. Originally reported by MoneyWeek.
Bank of England confirms new banknote animals
The Bank of England has confirmed the Atlantic puffin, barn owl, buff-tailed bumblebee and European hedgehog will feature on new banknotes launching in the next few years.
Public voted for four UK animals
Almost 480,000 Brits voted in a consultation launched by the Bank of England in June to decide which fauna will replace historical figures on the notes.
Voting results for animal categories
European hedgehog received 259,665 votes in mammals, barn owl 270,596 in birds, and buff-tailed bumblebee 360,399 in amphibians, insects and fish.
Bank of England chief cashier comments
Victoria Cleland, chief cashier at the Bank of England, said: 'I am delighted that nearly half a million people responded to our wildlife imagery consultation'.
“I am delighted that nearly half a million people responded to our wildlife imagery consultation”
New banknotes will include security features
The new animal-based notes, which are being launched over the next few years, will come with the latest technology to make them harder to counterfeit.
Previous banknotes featured historical figures
The £5, £10, £20 and £50 denominations previously featured historical figures on the reverse side.
What happens next
The Bank of England will assign each of the four animals to specific banknote denominations over the next few years.
The short version
The Bank of England selected four UK animals after public consultation to replace historical figures on new banknotes.
