The banknote maker De La Rue has warned on profits and slashed its half-year dividend after fierce competition cut the prices it charges for printing money.
The banknote printer said it had "painstakingly reviewed its security measures in detail".
The banknote, which will enter circulation in the next three to five years, currently features the economist Adam Smith.
The banknote and a £10 stamp also featuring the hologram will go on sale on 1 June.
The banknote, which includes a number of new security features, will eventually take over from the note carrying Sir John Houblon's portrait.
The banknote with serial number AA01 000001, as with any first issue note, goes to the Queen, with the second presented to the Duke of Edinburgh.
Running De La Rue, the banknote printer.
The lawmaker's attack on the banknote was hardly a joke, though.
[ image: /photos/59095af5019dfc3494e9f4b1] The lawmaker's attack on the banknote was hardly a joke, though.
About a dozen artists -- sculptors, photographers and painters -- and artisans have moved into the Banknote Building.
A case in point is the banknote campaign by the feminist and journalist Caroline Carolineerez.
