Bank of England redesigns £50 note
The Bank of England is to introduce a new £50 banknote on November 2, featuring a design that pairs up the inventor James Watt with entrepreneur Matthew Boulton on the reverse.
It is the first note to incorporate two men together and the first to be signed by Chris Salmon, the Bank’s new chief cashier.
In the background an image of Watt’s Whitbread Steam engine is displayed alongside a depiction of Boulton’s Soho Manufactory.
There are currently more than 210 million £50 notes in circulation, with a combined value of £10.5bn.