A plan to redesign the UK’s pound banknotes with a focus on diversity has sparked controversy, with some politicians and members of the public accusing the Bank of England (BoE) of “wokery.” The BoE announced a public consultation on potential themes for the next series of notes, inviting the public to suggest ideas such as nature, architecture, and landmarks, as well as traditional historical figures.
The current series of notes features notable historical figures, including Sir Winston Churchill, Jane Austen, J.M.W. Turner, and Alan Turing. However, the BoE’s chief cashier, Victoria Cleland, noted that banknotes “serve as a symbolic representation of our collective national identity and an opportunity to celebrate the UK.” She added that “real diversity,” including gender, ethnicity, and disability, could be taken into account when planning new designs.
The proposal has drawn sharp criticism from Conservative politicians, with Shadow Communities Secretary Kevin Hollinrake calling it “wrongheaded wokery” and arguing that the UK should be proud of its history, not sideline it. Former Business Secretary Sir Jacob Rees-Mogg also criticized the plan, saying that the BoE wants to “ignore our history and heroes” and model itself on the “unutterable banality of euro notes.”
Some social media users have accused the regulator of launching an “assault” on British heritage, history, and culture. Others have suggested author J.K. Rowling, a prominent figure in debates! over gender identity, as a candidate for the redesign.
The Bank of England introduces new banknotes based on various factors, including improved durability and security features. The most recent series, introduced between 2016 and 2021, marked a significant shift from paper to polymer notes. The consultation will remain open through July, and the final decision rests with BoE governor Andrew Bailey.
The debate highlights the challenges of representing a nation’s identity and history on its currency. While some argue that the UK should prioritize its heritage and traditional figures, others see an opportunity to celebrate the country’s diversity and inclusivity. As the consultation continues, it remains to be seen how the BoE will balance these competing perspectives and create banknotes that reflect the UK’s complex and evolving national identity.
