UK’s Fiver Gets A New Face

By PYMNTS | April 28, 2013

The UK is replacing Elizabeth Fry’s 19th century portrait on the £5 with an image of former Prime Minister Winston Churchill, reports CNN Money. The note will be in honor of Churchill’s globally recognized achievements, as he started off as a journalist, served as solider and finally became head of government as the prime minister during World War II. UK’s smallest note is due to make its transformation in the beginning of 2016.

Bank of England’s governor, Mervyn King, said in a statement, “It seems entirely appropriate to put Sir Winston on what is probably our most popular note. Perhaps the note itself will become known as a Winston.”