London, July 15 (TIWN) British cmputer pioneer and codebreaker Alan Turing will feature on the new design of the Bank of England's 50 pound note, it was revealed on Monday.

He is celebrated for his code-cracking work that proved vital to the Allies in World War Two.  The £50 note will be the last of the Bank of England collection to switch from paper to polymer when it enters circulation by the end of 2021.  The note was once described as the "currency of corrupt elites" and is the least used in daily transactions.  However, there are still 344 million £50 notes in circulation, with a combined value of £17.2bn, according to the Bank of England's banknote circulation figures.