Skip to main content

Written question asked by Lord Reid of Cardowan (Labour) on Monday, 8 June 2026, in the House of Lords. It was due for an answer on Monday, 22 June 2026. It was answered by Lord Livermore (Labour) on Thursday, 18 June 2026 on behalf of the Treasury.


Bank Notes: Design

Question

To ask His Majesty's Government what assessment they have made of the criteria used by the Bank of England to determine whether historical figures should continue to be represented on banknotes issued by the Bank of England.

Answer

As set out in the Memorandum of Understanding between HM Treasury and the Bank of England, the Bank of England is entirely responsible for the design, production, issue and distribution of banknotes.

As such, given responsibility rests with the Bank of England, HM Treasury has not made an assessment of the criteria used by the Bank of England to determine whether historical figures should continue to be represented on banknotes.


Secondary information

Type
Written question
Reference
HL751
Session
2026-27
Subjects
Design Bank of England Bank notes
Link
View this Written question on www.parliament.uk