Rhys Phillips is appointed as the Bank of England’s chief cashier and director of notes, a role he is scheduled to take up in October. Multiple outlets report that Phillips will lead work on developing a new generation of Bank of England banknotes. The appointments reflect responsibility for the notes function within the central bank, including planning and overseeing banknote development. The articles do not specify additional details about the planned features, timelines beyond Phillips’s start date, or how the new series will be introduced. They also do not cite any changes to the existing banknotes’ status at the time of his appointment. Overall, the reporting is consistent that Phillips’s new position includes leading the programme of work toward a future banknote design and production, and that his formal start in October marks the beginning of his leadership of the notes work at the Bank of England.