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Home Politics

Right-wingers fume at ‘woke’ Bank of England over new banknotes

Ah yes, the Bank of England, that famously woke institution...

Charlie Herbert by Charlie Herbert
2026-03-12 10:10
in Politics
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Right-wingers have found a new culture war to focus their rage on following the news that the Bank of England will be removing historical figures from banknotes.

On Wednesday, the Bank of England announced figures such as Winston Churchill and Jane Austen are set to be replaced with images of the UK’s diverse wildlife on the next series of banknotes.

The change will happen on the next series of banknotes and the public has been invited to help choose the natural elements.

READ NEXT: Nigel Farage loses it as he’s challenged over broken council tax pledges

On the nation’s currency, this marks a departure from over five decades of prominent Britons featuring on the notes.

The news of Churchill’s removal from the notes in particular has (predictably) sparked fury from right-wing voices, who have decided that the Bank of England is the latest example of ‘wokeness’.

In a video on social media, Nigel Farage said the news was the “definition of woke.”

After claiming Churchill would be replaced by a “picture of a beaver,” Farage said the Bank of England had gone “PC-mad and loony.”

The Bank of England is replacing Winston Churchill with a picture of a beaver on our bank notes.

This is the definition of woke. pic.twitter.com/3oMXZpXV11

— Nigel Farage MP (@Nigel_Farage) March 11, 2026

Meanwhile, Robert Jenrick claimed it was Rachel Reeves’s call, saying the chancellor was “replacing Winston Churchill on our banknotes with a squirrel.”

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It says it all that Rachel Reeves is replacing Winston Churchill on our banknotes with a squirrel. pic.twitter.com/eaGp6pvJj6

— Robert Jenrick (@RobertJenrick) March 11, 2026

And the Tories said it was Keir Starmer’s decision, and decided to depict the prime minister as some sort of slug.

The "wildlife" Keir Starmer wants to replace Churchill with. https://t.co/iOJqTodOgV pic.twitter.com/pVclInBnn2

— Conservatives (@Conservatives) March 11, 2026

However, they were all fact-checked and mocked, with many pointing out that the decision was nothing to do with the government and was purely down to the Bank of England.

Labour MP Luke Charters explained to Farage that the decision was “completely routine” and said the Reform leader was “manufacturing outrage.”

Before I was an MP, I worked on the current series of polymer banknotes at the Bank of England.

So I know how decisions about our currency are made, and why they matter.

Nigel Farage clearly doesn’t.

What he conveniently ignores is that central banks regularly issue new… https://t.co/O9GQnXFbbA

— Luke Charters MP (@lukejcr) March 11, 2026

And comedian Jonathan Pie had a brilliantly blunt response for Farage.

He was first put on the note in 2016 you culture-war mongering tit. https://t.co/Dt7LSTYXaE

— Jonathan Pie (@JonathanPieNews) March 11, 2026
Tags: Bank of EnglandconservativesNigel Farage

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