LONDON.- The National Gallery announced that the iconic and much-loved work from its collection, The Fighting Temeraire tugged to her last Berth to be broken up (1839) by J.M.W Turner, will feature on the Bank of England’s new £20 bank note.

The announcement and unveiling of the design was made this afternoon (Friday 22 April 2016) by the Bank of England Governor, Mark Carney during a ceremony held at Turner Contemporary in Margate.

The image on the new note is based on the famous painting of HMS Temeraire, a veteran of the Battle of Trafalgar and saviour of Nelson’s flagship HMS Victory, being towed to its final resting place by a steam tug. Turner, who called the painting his ‘Darling’, couldn’t bring himself to sell it, but left it instead to the nation upon his death.

The work has long been a favourite of the National Gallery’s many visitors and was voted the ‘Greatest Painting in Britain’ in a national poll conducted by BBC Radio 4's Today programme in 2005. The Fighting Temeraire was also the focal point of a scene from the 2012 James Bond film, Skyfall, where Daniel Craig’s 007 meets his new quartermaster Q (Ben Wishaw) in front of the painting on a visit to the National Gallery.

The new £20 note will also feature a self-portrait of Turner (from Tate Britain), his signature and a quote, “Light is therefore colour.” Deputy Director and Curator of British painting at the National Gallery, Dr Susan Foister, assisted the Bank of England in finding the source of this quote and also in locating his signature.

The new bank note will enter circulation in 2020.

National Gallery Director, Dr Gabriele Finaldi said: “Every time you pull out a £20-pound note from your pocket, purse or cash machine, you will be reminded of the nation’s best-loved picture in the National Gallery and a masterpiece by one of Britain’s greatest painters.”