The nation is in mourning following the news of the death of Queen Elizabeth II, the UK's longest-serving monarch.
She died at Balmoral aged 96, after reigning for 70 years. The Queen came to the throne in 1952 and witnessed enormous social change.
Her son, King Charles III, said the death of his beloved mother was a "moment of great sadness" for him and his family and that her loss would be "deeply felt" around the world.
He said: "We mourn profoundly the passing of a cherished sovereign and a much-loved mother.
"I know her loss will be deeply felt throughout the country, the realms and the Commonwealth, and by countless people around the world."
During the coming period of mourning, he said he and his family would be "comforted and sustained by our knowledge of the respect and deep affection in which the Queen was so widely held".
Prime Minister Liz Truss, who was appointed by the Queen on Tuesday, said the monarch was the rock on which modern Britain was built, who had "provided us with the stability and strength that we needed".
Speaking about the new King, she said: "We offer him our loyalty and devotion, just as his mother devoted so much, to so many, for so long.
"And with the passing of the second Elizabethan age, we usher in a new era in the magnificent history of our great country, exactly as Her Majesty would have wished, by saying the words 'God save the King'."
Commenting on the death of the Queen, Helen Dickinson, CEO of the BRC, said: “The retail industry joins the world in mourning the passing of Her Majesty The Queen. We extend our deepest sympathies to the Royal Family.
“For over 70 years, The Queen has been a source of solidarity and strength for this nation. Her loss will be felt across the country and she will be greatly missed.”
Following the Queen’s death, many day-to-day items will be affected including bank notes and coins - which both carry Queen Elizabeth II's face - and they will all need to be replaced.
The Bank of England has confirmed in a statement that cash and coins will continue to be legal tender, for the time being, but will announce more plans for the transition to King Charles money after the nation's mourning period.
It said in a statement: "The Bank of England’s staff wish to express their heartfelt condolences to the Royal Family, following news of the death of Her Majesty Queen Elizabeth II.”
Governor Andrew Bailey said: “It was with profound sadness that I learned of the death of Her Majesty The Queen. On behalf of everyone at the Bank I would like to pass on my deepest condolences to the Royal Family. For most of us, she is the only head of state we have ever known, and will be remembered as an inspirational figure for our country and the Commonwealth.”
The Bank of England also confirmed the building at Threadneedle Street will fly a flag at half-mast as a mark of respect.
"As the first monarch to feature on Bank of England banknotes, the Queen’s iconic portraits are synonymous with some of the most important work we do. Current banknotes featuring the image of Her Majesty The Queen will continue to be legal tender. A further announcement regarding existing Bank of England banknotes will be made once the period of mourning has been observed,” it said.
She died at Balmoral aged 96, after reigning for 70 years. The Queen came to the throne in 1952 and witnessed enormous social change.
Her son, King Charles III, said the death of his beloved mother was a "moment of great sadness" for him and his family and that her loss would be "deeply felt" around the world.
He said: "We mourn profoundly the passing of a cherished sovereign and a much-loved mother.
"I know her loss will be deeply felt throughout the country, the realms and the Commonwealth, and by countless people around the world."
During the coming period of mourning, he said he and his family would be "comforted and sustained by our knowledge of the respect and deep affection in which the Queen was so widely held".
Prime Minister Liz Truss, who was appointed by the Queen on Tuesday, said the monarch was the rock on which modern Britain was built, who had "provided us with the stability and strength that we needed".
Speaking about the new King, she said: "We offer him our loyalty and devotion, just as his mother devoted so much, to so many, for so long.
"And with the passing of the second Elizabethan age, we usher in a new era in the magnificent history of our great country, exactly as Her Majesty would have wished, by saying the words 'God save the King'."
Commenting on the death of the Queen, Helen Dickinson, CEO of the BRC, said: “The retail industry joins the world in mourning the passing of Her Majesty The Queen. We extend our deepest sympathies to the Royal Family.
“For over 70 years, The Queen has been a source of solidarity and strength for this nation. Her loss will be felt across the country and she will be greatly missed.”
Following the Queen’s death, many day-to-day items will be affected including bank notes and coins - which both carry Queen Elizabeth II's face - and they will all need to be replaced.
The Bank of England has confirmed in a statement that cash and coins will continue to be legal tender, for the time being, but will announce more plans for the transition to King Charles money after the nation's mourning period.
It said in a statement: "The Bank of England’s staff wish to express their heartfelt condolences to the Royal Family, following news of the death of Her Majesty Queen Elizabeth II.”
Governor Andrew Bailey said: “It was with profound sadness that I learned of the death of Her Majesty The Queen. On behalf of everyone at the Bank I would like to pass on my deepest condolences to the Royal Family. For most of us, she is the only head of state we have ever known, and will be remembered as an inspirational figure for our country and the Commonwealth.”
The Bank of England also confirmed the building at Threadneedle Street will fly a flag at half-mast as a mark of respect.
"As the first monarch to feature on Bank of England banknotes, the Queen’s iconic portraits are synonymous with some of the most important work we do. Current banknotes featuring the image of Her Majesty The Queen will continue to be legal tender. A further announcement regarding existing Bank of England banknotes will be made once the period of mourning has been observed,” it said.
