Sir Winston Churchill will be on Britain’s new £5 notes, the Bank of England announced on Friday.
The new notes will feature a photograph of the wartime prime minister and his famous words “I have nothing to offer but blood, toil, tears and sweat” alongside a view of Westminster. In the picture, Big Ben’s hands will point to three o’clock – the time at which Churchill said those words on 13 May 1940.
The notes will also include a background image of the Nobel Prize Churchill was given in 1953.
Sir Mervyn King, governor of the Bank of England, announced the new note on Friday at Chartwell, Churchill’s former home.
“It seems entirely appropriate to put Sir Winston on what is probably our most popular note,” he said in a speech. “Perhaps the note itself will become known as the Winston.”
The BoE said the plan was for Churchill to feature on new £5 notes to be issued in 2016, but added those decisions had not been finalised.
The current £5 note – which features social reformer Elizabeth Fry and was issued in 2002 – will be gradually withdrawn from circulation after the new one is issued.
It is the BoE governor’s job to pick who to put on new banknotes. During his tenure, Sir Mervyn has also put economist Sir Adam Smith on £20 notes and industrialists Matthew Boulton and James Watt on £50 notes.