Britain plans to gradually print the image of King Charles on stamps and currency notes
Britain plans to gradually show the portrait of King Charles on new banknotes and postage stamps.
Royal Mail and the Bank of England said they had received royal guidance aimed at reducing costs and ensuring a sustainable transformation.
The Bank of England said updated banknotes bearing the king's portrait would be unveiled by the end of the year.
The banknotes are expected to enter circulation by mid-2024 with Charles' portrait appearing on current banknote designs
In denominations of £5, £10, £20 and £50, according to BA Media.
The Royal Mail also confirmed that the king's portrait will replace Queen Elizabeth II's portrait on some stamps.
The special stamp editions will also feature a silhouette of Charles.
The Bank of England issued a press release similarly worded, saying that existing stocks of the Queen's banknotes would continue to be issued, and that new notes would only be printed to replace worn out notes and to meet demand for banknotes.
Banknotes bearing the image of the Queen will remain legal tender and will not be removed unless they are worn out or damaged.
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