From today, banknotes carrying a portrait of King Charles III will be issued for the first time, but with a move towards a cashless society, it may be some time before you see the note in person.

The portrait of the King will appear on all four banknotes (£5, £10, £20 and £50), but there are no other changes to the design of the notes.

The current series of the Bank of England notes has Winston Churchill on the back of £5, Jane Austen on the back of £10, JMW Turner on the back of £20 and most recently, Alan Turing on the back of £50.

But despite the launch, the new notes featuring the King will be slowly introduced to circulation. They will only be printed to replace worn ones and to meet any spike in demand.

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Produced by: Larissa Howie, Scarlett Wild, Emmanuel Nwosu, Maria Ward-Brennan

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