Pound sterling is divided into 100 pence. The Bank of England currently issues four polymer notes: £5, £10, £20 and £50. Coins run from 1p and 2p through 5p, 10p, 20p and 50p to £1 and £2.
Two monarchs, one current series
Bank of England notes featuring King Charles III entered circulation on 5 June 2024. Notes carrying Queen Elizabeth II remain current and circulate alongside them. The portrait changed; the reverse subjects, colors, sizes and security features stayed the same.
| Note | Fast color cue | Reverse subject |
|---|---|---|
| £5 | Blue and turquoise | Winston Churchill |
| £10 | Orange and brown | Jane Austen |
| £20 | Purple | JMW Turner |
| £50 | Red | Alan Turing |
Paper money
Pound notes come in bold polymer colours with familiar portraits, making the £5, £10, £20 and £50 easy to separate in a busy pocket.
The Bank of England polymer series turns the wallet into a gallery of British history, literature, art and science, with Churchill, Austen, Turner and Turing on the reverse. Cash by Country artwork is an original, simplified interpretation and is not legal tender.
The United Kingdom has more than one banknote look
Three authorised banks issue notes in Scotland and three issue notes in Northern Ireland. Their designs differ from Bank of England notes and from one another, but they are denominated in the same pound sterling. This is not a souvenir-currency system; it is part of everyday UK cash.
The coins are easier than they first appear
The tiny copper-colored 1p and 2p sit at the bottom. The 5p and 10p are round and silver-colored. The 20p and 50p have seven curved sides. The modern £1 has twelve sides and two colors; the £2 is larger, round and bimetallic. A pocketful can feel visually busy, but shape does much of the work.
Old paper notes are not spending money
Current Bank of England notes are polymer. Withdrawn paper notes keep their face value and can be exchanged through the Bank of England, but they are no longer normal shop currency. If an old note appears in change, do not rely on spending it later.