Saturday, October 1, 2011
New Bank of England £50 Note
The Boulton and Watt £50 bank note is the first time that two portraits have appeared together on the back of a Bank of England bank note. It will also be the first bank note in circulation that is signed by Chris Salmon, who was appointed the Bank's Executive Director in April 2011.
The current £50 bank note, which features Sir John Houblon, the first Governor of the Bank of England, will circulate simultaneously with the Boulton and Watt note, but it will be withdrawn from circulation after an announcement in due course.