New £5 Note to Feature Winston Churchill New note will begin circulation in 2016 By Mark Russell, Newser Staff Posted Apr 26, 2013 11:33 AM CDT 15 comments Comments This computer-generated image provided by the Bank of England today shows the concept design for the reverse of the new 5-pound note, with a picture of former British Prime Minister Winston Churchill. (AP Photo/Bank of England) (Newser) – Former Prime Minister Winston Churchill will be immortalized on the new £5 note, reports the BBC. The redesigned bills are due to start circulating in 2016, and the new £5 note will feature a 1941 image of Churchill on the reverse of the note, along with his famous quotation: "I have nothing to offer but blood, toil, tears, and sweat." "The spirit of those words remains as relevant today as it was to my parents' generation," said Bank of England Governor Sir Mervyn King. Churchill also appeared on a five-shilling coin in 1965, making him the first commoner to appear on British money.