Welsh banknote proposal defeated

A proposal suggesting Wales be allowed to issue banknotes celebrating famous national people and landmarks has been defeated by Conservative members of parliament in the U.K.

Jonathan Edwards, MP for Carmarthen East and Dinefwr, argued Wales – a country on the southwest coast of Great Britain – should be allowed to issue notes through Lloyds Banking Group, which holds the rights for the Bank of Wales.

Edwards, who’s a member of the social-democratic Plaid Cymru party, said the move would end the “historic anomaly” preventing Wales from having the same opportunities for currency design as Scotland and Northern Ireland.

Edwards suggested allowing Welsh citizens choose who and what to commemorate on the first Welsh banknotes issued since 1844. Singer Dame Shirley Bassey; rock band Manic Street Preachers; and NHS Chief Architect Aneurin Bevan were among those suggested as candidates.


Despite the campaign, Treasury Minister Harriett Baldwin said the U.K. government would not support the amendment to the Bank of England and financial services bill.

“To extend the privilege and give that commercial advantage in Wales to just this one bank as outlined in his amendment would raise competition and commercial issues for others,” said Baldwin, who added the proposal deals with a “symbolic issue” and noted the Bank of England will celebrate all four home nations on future banknotes.

The U.K. House of Commons voted against Edwards’ proposal – which had support from Labour Party and Scottish National Party MPs – by 301 votes to 239 votes.

Leave a Reply

Canadian Coin News


Canadian Coin News is Canada's premier source of information about coins, notes and medals.

Although we cover the entire world of numismatics, the majority of our readers are Canadian, and we concentrate on the unique circumstances surrounding collecting in our native land.

Send Us Your Event

Running an event? Send it to us and we will display it on Canadian Coin News!

Submit Event →

Subscribe To 26 Issues For Just $59.99/year

Subscribe today to receive Canada's premier coin publication. Canadian Coin News is available in both paper and digital forms.

Subscribe Now

We acknowledge the financial support of the Government of Canada through the Canada Periodical Fund of the Department of Canadian Heritage.