<P> The remaining planned polymer note will be the £ 20 showing J.M.W. Turner (from a self - portrait), the quote "Light is therefore colour" from an 1818 lecture by Turner, and a view of The Fighting Temeraire . </P> <P> As of June 2018 the Bank of England has no plans to introduce a Series G £ 50 note . The Series F version was introduced in 2011, while its predecessor was in circulation for twenty years, so the Bank is yet to make a decision on whether or not to replace it . An additional consideration is calls to withdraw the £ 50 note entirely as a way of combatting tax evasion, and the fact that cash transactions using such a high value note are becoming increasingly rare . In March 2018, the Treasury began a consultation looking at the potential withdrawal of the £ 50 note, as well as the one and two pence coins, on the basis that they are used significantly less than other denominations, with an additional rationale over the fifty - pound note being the perception in the UK of its use in money laundering, tax evasion and other financial crime, despite the demand for it overseas . </P> <P> Not since 1945 has there been bigger notes than £ 50 issued for general circulation by the Bank of England, although banks in Scotland and Northern Ireland still use £ 100 notes . However, the Bank of England does produce higher - value notes that are used to maintain parity with Scottish and Northern Irish notes . Banknotes issued by Scottish and Northern Irish banks have to be backed pound for pound by Bank of England notes (other than a small amount representing the currency in circulation in 1845), and special £ 1 million and £ 100 million notes are used for this purpose . Their design is based on the old Series A notes . </P> <P> While provincial banks in England and Wales lost the right to issue paper currency altogether, the practice of private banknote issue has continued in Scotland and Northern Ireland . The right of Scottish banks to issue notes is popularly attributed to the author Sir Walter Scott, who in 1826 waged a campaign to retain Scottish banknotes under the pseudonym Malachi Malagrowther . Scott feared that the limitation on private banknotes proposed with the Bankers (Scotland) Act 1826 would have adverse economic consequences if enacted in Scotland because gold and silver were scarce and Scottish commerce relied on small notes as the principal medium of circulating money . His action eventually halted the abolition of private banknotes in Scotland . </P>

Is there such thing as a 100 pound note