Кузина В.А. ББ-104 How the U.K.'s Currency and Stamps Will Change Following Queen Elizabeth's Death

Summary

«How the U.K.'s Currency and Stamps Will Change Following Queen Elizabeth's Death»

The article «How the U.K.'s Currency and Stamps Will Change Following Queen Elizabeth's Death» published in People magazine on September 8, 2022 and written by Stephanie Wenger tells us about changes in the currency and stamps of the UK after Queen’s death. The author notes that following the announcement of the monarch's death, The Bank of England announced plans for banknotes with the image of the Queen. The banknotes with the image of the Queen will still be legal. According to the text the replacement of banknotes could take at least two years while coins could take longer. In addition to currency, it is also expected that stamps featuring the image of the Queen will be replaced with the new monarch, King Charles III. Finally new postal boxes will feature the new monarch's Royal Cypher, according to the outlet. Nevertheless, the more than 100,000 post boxes — bearing Queen Elizabeth's Royal Cypher ERII — will still remain in place.