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The First Jane Austen Statue Has Been Unveiled

Bank of England Governor Mark Carney poses with one of the central bank's new ten pound notes featuring British author

The Bank of England is set to unveil its new £10 note on Tuesday, set to come into circulation later in the year.

The polymer tenner featuring Jane Austen will be officially launched on July 18, the 200th anniversary of Pride and Prejudice author's death.

The Bank of England (BoE) today launched its new £10, the first United Kingdom banknote to feature tactile features for the visually impaired. It sparked an outcry from vegetarians, vegans and religious groups after it was revealed to contain traces of tallow, which is derived from animal fat.

Not only an early votary of what became the Feminist movement, Austen was also, according to a new reassessment of her work and thought, a serious, radical, and even subversive.

Jane Austen, who earned very little money in her career as an author - is now, quite literally money.

What material is the new £10 note made of?

The Bank of England is now investigating how to make the new £20 note due to launch in 2020 tallow free.

People in period costume pose with one of the Bank of England's new ten pound notes featuring British author Jane

Speaking at Winchester Cathedral, the Bank of England's governor, Mark Carney, explained why Austen was chosen - and the technical aspects of the notes.

The Bank of England has reportedly already printed 275 million £10 notes.

The new 10-pound note shows Austen with plump cheeks and a calm expression in an image taken from a portrait which was commissioned after her death.

"I declare after all there is no enjoyment like reading!"
"Austen's novels have a universal appeal and speak as powerfully today as they did when they were first published", noting, as is his central banker want, that £10 in Austen's day is now worth about £1,000 thanks to inflation.

The Bank of England conducted investigation into the issue, but concluded it's appropriate to keep using the banknotes and issue the £10 as planned.

A polymer 20-pound note, featuring J.M.W. Turner, is planned for 2020.

That was based on figures showing how much prices had gone up since the year of Austen's birth in 1775.