# New design £50 note introduced

- Link: https://fundraising.co.uk/2011/11/02/new-design-50-note-introduced/
- Published: 2011-11-02T08:33:46+00:00
- Author: Howard Lake

**From today very fortunate street collectors will notice a new design for the £
50 note, featuring the 18th century business partnership of entrepreneur Matthew
Boulton and engineer James Watt. It is the first time two portraits have appeared
together on the reverse of a Bank of England banknote.**

It is the second in the [Bank of England’s Series F ‘family’](http://www.bankofengland.co.uk/banknotes/index.htm)
of notes which began with the introduction of the Adam Smith £20 note in 2007. It
features a range of new and enhanced security features.

The signature on the banknote is new too. It is the first banknote to be signed 
by Chris Salmon, who was appointed as the Bank’s Executive Director – Banking Services
and Chief Cashier in April 2011.

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![](https://www.fundraising.co.uk/files/images/news/chris_salmon_50poundnote_bankofengland_0.
jpg)

As at the end February 2011, the value of £50 banknotes in circulation was £9.9 
billion.

Previous banknotes include the the [Houblon Series E £50 note](https://fundraising.co.uk/2014/04/29/use-old-houblon-50-notes/),
introduced in 1994; the Sir Christoper Wren design, introduced in 1981 and withdrawn
from circulation in 1996; and the white £50 in issue between 1725 and 1943.

Boulton and Watt were pioneers in using the steam engine in the cotton spinning 
industry.

 

_Photo: Chris Salmon holding the new-style £50 banknote – front of note, [Bank of England on flickr.com](http://www.flickr.com/photos/bankofengland/6303395620)_

 * **[Bank of England consults on introducing plastic bank notes](https://fundraising.co.uk/2013/09/11/bank-of-england-consults-introducing-plastic-bank-notes/)**(
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 * **[Collectable new £5 notes auctioned for charities](https://fundraising.co.uk/2016/10/11/collectable-new-5-notes-auctioned-charities/)**(
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 * **[Bank of England’s short videos show how to spot genuine banknotes](https://fundraising.co.uk/2018/10/03/bank-englands-short-videos-show-spot-genuine-banknotes/)**(
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