[arista]

[The Bank of England will reveal images
of updated banknotes featuring a
portrait of HM King Charles III by the
end of this year. The notes are
expected to enter circulation by mid-2024.

His Majesty’s portrait will appear on
existing designs of all four polymer
banknotes (£5, £10, £20 and £50). This will be a
continuation of the current polymer series and
no additional changes to the banknote designs
will be made.

In line with guidance from the
Royal Household to minimise the
environmental and financial impact
of the change of monarch, existing stocks of
notes featuring HM Queen Elizabeth II will
continue to be issued into circulation.
New notes will only be printed to replace
worn banknotes and to meet any overall
increase in demand for banknotes.]

https://www.bankofengland.co.uk/news...ng-charles-iii

That makes good sense,