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 as writer and at least two film scripts. John Gunther in 1939 estimated that he earned $100,000 a year ($ in ) from writing and lecturing, but that "of this he spends plenty". In 1899 Churchill became aware of the American novelist of the same name. He wrote to his American contemporary and offered to sign his own works "Winston Spencer Churchill", adding the first half of his full surname, Spencer-Churchill, which he did not otherwise use. In practice the middle name was turned into an initial, and his pen name subsequently appeared as "Winston S. Churchill". The two men met in