BoE to put barn owls, bees on future notes

The Bank of England has announced plans to feature images of local wildlife, including barn owls, bees, and hedgehogs, on future banknotes. This decision marks a significant shift away from featuring renowned Britons on the notes, and is part of a broader effort to engage the public in the design process. The move is timely, given the recent decline in cash transactions, and may help to boost interest in using physical currency. This change could have a positive impact on the economy by encouraging more people to use cash.

Why it matters

The Bank of England is changing the images on its banknotes to feature local wildlife. This change is unlikely to have a significant impact on the UK economy or financial markets.

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