Bank of England unveils polymer £10 note

Today the Bank of England unveiled the new £10 banknote. Like the £5 note, this is a polymer note and will be officially launched on the 14th September.

The Bank of England has ordered a printing run of a billion ‘tenners’ which will be distributed in anticipation of the autumn launch. The old ten will start to be withdrawn from circulation by Spring 2018.

New £10 note

Jane Austen replaces Charles Darwin on the design. Jane Austen is the first female writer to feature on British currency and only the third woman (excluding Queen Elizabeth II), after medical innovator Florence Nightingale and social reformer Elizabeth Fry.

July 18th was chosen as the unveiling date for the new ten as this date commemorates the 200th anniversary of Jane Austen’s death. The writer was buried in Winchester Cathedral in 1817 and wrote several of her best-known works including ‘Emma’ and ‘Pride and Prejudice’ in the nearby village of Chawton.

The new ten will be 15% smaller than the old ten and the polymer construction will contain trace elements of animal fats. The Bank of England hopes to resolve this issue by the launch of the new £20 in 2020.

More details about the ‘new tenner’ can be found on the Bank of England site thenewten.co.uk.