Written Question·Treasury·UIN 88686
Bank Notes: Design
Tabled: 10 November 2025
Answered: 17 November 2025
Question
Mike Wood
Conservative — Kingswinford and South Staffordshire
To ask the Chancellor of the Exchequer, with reference to her Department's document entitled Financial relationship between HM Treasury and the Bank of England: Memorandum of Understanding, published in February 2025 and pursuant to the Answer of 14 July
Answer
Lucy RigbyThe Bank of England is responsible for all aspects of the design, production, and issuance of banknotes, including the selection of characters, design features, and security measures. The Bank of England is required to seek HM Treasury approval only for t...
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