Notes with Queen’s portrait will remain legal tender, Bank of England says

Bank of England governor Andrew Bailey said the Queen had been an ‘inspirational figure’.

David Hughes
Thursday 08 September 2022 15:19 EDT
(PA)
(PA) (PA Archive)

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

Current bank notes featuring a portrait of the Queen will continue to be legal tender, the Bank of England has reassured consumers.

A further announcement regarding notes will be made once the period of mourning has been observed following the Queen’s death.

The Queen was the first monarch to feature on Bank of England banknotes, Threadneedle Street said.

Bank governor Andrew Bailey said: “It was with profound sadness that I learned of the death of Her Majesty The Queen.

“On behalf of everyone at the Bank I would like to pass on my deepest condolences to the Royal Family.

“For most of us, she is the only head of state we have ever known, and will be remembered as an inspirational figure for our country and the Commonwealth.”

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in