Bank of England note issues England Mark Carney announced that a newly designed £10 banknote, featuring novelist Jane Austen, would be issued in 2017. The campaign for a woman to appear celebrated the choice as "a brilliant day". The date of issue was subsequently confirmed as 14 September 2017. Like the £5 note featuring Churchill, the new £10 note is made from polymer rather than cotton paper. It depicts: £20 notes, in white, appeared in 1725 and continued to be issued until 1943. They ceased to be legal tender in 1945. After World War II, the £20 denomination did not reappear until 1970, when the
Legal tender and they were recalled, not without first causing a panic among holders of the debentures. In 1847, the Colonial Bank of Issue became the only issuer of legal tender. In 1856, however the Colonial Bank of Issue was disbanded and through the Paper Currency Act 1856, the Union Bank was confirmed once again as an issuer of legal tender. The Act also authorised the Oriental Bank to issue legal tender but this bank ceased operations in 1861. Between 1861 and 1874, a number of other banks including the Bank of New Zealand, Bank of New South Wales, National Bank of