Bank of England £5 note the lack of serial numbers is not a problem. "If members of the public are concerned, then they should take the notes back to the bank where they will be exchanged." In April 2013 Sir Mervyn King announced on behalf of the bank that Elizabeth Fry would be replaced by Winston Churchill on the next £5 note which would enter circulation in 2016. It was also announced that the images featured on the reverse would include a 1941 portrait of Churchill by Yusuf Karsh, a view of the Houses of Parliament, a quote by Churchill ("I have nothing to offer
Winston Churchill Memorial Trusts Winston Churchill Memorial Trusts The Winston Churchill Memorial Trusts are three independent but related living memorials to Sir Winston Churchill. They are based in the UK, Australia, and New Zealand. The UK Trust was founded on 1 February 1965, the day after Churchill's funeral. Elizabeth II extended her Royal Patronage to the Trust in 1965. The Trusts were founded to 'perpetuate and honour the memory of Sir Winston Churchill' by administering the award of Travelling Fellowships known as a "Churchill Fellowship". While the three Trusts are independent, they have a similar approach, identifying potential themes each year and inviting members