The only design change to the £5, £10, £20, and £50 notes will be the portrait of His Majesty, but the process of introducing the money will be lengthy.
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Although printing has begun, the notes will not be in circulation until mid-2024, due to the time it takes self-service tills to recognise the new image. Cash use is becoming increasingly rare, as contactless payments and online banking have rendered physical capital somewhat obsolete.