Puffin and bumblebee among 18 creatures shortlisted to feature on banknotes

Here is a story making headlines in the economy: Puffin and bumblebee among 18 creatures shortlisted to feature on banknotes 29 minutes ago Share Save Add as preferred on GoogleKevin PeacheyCost of living correspondentGetty ImagesPuffins, pine martens and bumblebees are on the shortlistEighteen animals, birds and insects have been shortlisted to appear on future banknotes - and the public can have their say on which creatures feature. The wildlife beauty contest gives the colourful kingfisher and common frog an equal chance of a place on the next series of Bank of England notes. The replacement of historical characters, particularly Sir Winston Churchill, with British wildlife sent political leaders into a frenzy of condemnation earlier this year.

But now people have a month to offer their views about which species of wildlife should be honoured on the £5, £10, £20 and £50 notes. The shortlist, chosen by a panel of wildlife experts, excluded household pets. People will be able to vote for up to six of their favourites from the shortlist.

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Bank of England / Getty ImagesIn a bid to prevent the otherwise inevitable Stoaty McStoatface jokes, those voting will not be able to nominate any alternatives. "I very much hope the public will enjoy engaging in our consultation to choose the animals to feature on our next series of banknotes," said Victoria Cleland, the Bank's chief cashier, whose signature appears on banknotes. "The shortlisted animals demonstrate the rich variety of wildlife we have to celebrate in the UK.

"Public vote opensThe new banknotes will each feature one animal or bird, but the public will be able to select up to two of their favourites from each of three categories on the shortlist before the deadline of the end of 3 July. The mammals are: the bottlenose dolphin, the brown hare, the European hedgehog, the grey seal, the pine martin and the red fox. The second category of birds feature: the Atlantic puffin, the barn owl, the common kingfisher, the Eurasian curlew, the great spotted woodpecker, and the white-tailed eagle.

The final section of amphibians, insects and fish, has: the Atlantic salmon, the basking shark, the buff-tailed bumblebee, the common frog, the Emperor dragonfly, and the marsh fritillary butterfly. The panel of experts which chose the contenders is made up of wildlife filmmakers and presenters Gordon Buchanan, Miranda Krestovnikoff and Nadeem Perera, alongside Ulster Wildlife's Katy Bell, and academics Steve Ormerod and Dawn Scott. However, it will be Bank of England governor Andrew Bailey who makes the final decision, not necessarily choosing the four animals that receive the highest number of public responses.

Banknotes, beavers and a very British backlashHalf of UK adults now regularly use mobile paymentsThe process of designing, testing a printing the notes takes several years before they can enter circulation. The next series will continue to include a portrait of the monarch, as well images representing the home nations.

Financial markets are tracking the development closely as investors assess the likely impact.