00:00 The first sterling banknotes featuring Britain`s King Charles III will go into circulation
00:07 in June, the Bank of England has announced. The only difference to the design will be
00:12 the king`s image replacing that of his mother, Queen Elizabeth II. The initial batches will
00:18 be sold at auction to raise money for charity.
00:23 The first coins embossed with Charles` image have been in circulation for several months.
00:30 But the banknotes have taken much longer to prepare due to technical reasons, including
00:35 making them readable to bank machines and automatic tills.
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