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 (novelist) another life." In the 1890s, Churchill's writings first came to be confused with those of the British statesman of the same name, who was also an author. At that time, the American was the much better known of the two, and it was the Englishman who wrote to his American counterpart about the confusion their names were causing among their readers. They agreed that the British Churchill should adopt the pen name "Winston Spencer Churchill", using his full surname, "Spencer-Churchill". After a few early editions this was abbreviated to "Winston S. Churchill"—which remained the British Churchill's pen name. The two