Whose face will appear on the new £20 note, and who will decide?

Beatrix Potter is the bookies' favourite to be the new face of the £20 note, but Alexander McQueen and JMW Turner are also in contention

Mark Carney

After receiving 21,000 nominees, the Bank of England announced today that its public consultation period for finding a replacement for economist Adam Smith on the £20 bank note has now finished.

The Bank has already whittled the number of eligible candidates down to around 600 and will now begin the task of choosing its eight finalists. Governor Mark Carney will then make the final decision on who will appear on the new note.

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