Removing Elizabeth Fry from the five pound note isn't a small fry issue

Mervyn King's decision to put Winston Churchill on our five pound notes rather than Elizabeth Fry might seem trivial, but by not commemorating any women on our cash, we're encouraging the perception women are secondary to men, says Stella Creasy.

Money can’t buy you love. But it can offer recognition both in pay and in print. That's why most countries use currency to celebrate those figures of history whose legacy is designed to inspire and evoke national pride. The outgoing Bank of England Governor Mervyn King’s decision to nominate Churchill for immortalisation on a fiver is therefore entirely fitting. Yet the consequences of this reveal the bigger barriers we face in making our country a place where everyone succeeds.

Philanthropist and prison reformer Elizabeth Fry has been on our smallest bank note since 2002. While the Queen remains on all legal tender, King’s decision, whether consciously or not, removes the only historical female commemorated in this way. The decision is out of kilter with protocol as, while no figure remains in perpetuity, Darwin has featured since 2000 and thus could be considered first in line for replacement. It’s also out of step with other countries - Scotland has two series of five pound notes, each with one woman on, the Norwegians and Swedes who have five-value notes with two women on each and the Australians who have fifty-fifty representation.

Many will shrug and say so what. The Bank itself cannot see the big deal. They argue the choice of people on bank notes is not an "equality matter". After all, women face widespread and perpetual violence in their lives, pay equality has stalled and representation in the media, politics, judiciary, academia and business remains stubbornly lopsided. In such an unbalanced world, whose face we see on our banknotes when we buy a pint of milk can feel like a sidebar issue. Yet the absence of everyday celebration of women’s capabilities is as influential as their objectification in creating a society in which inequality flourishes. Little things like this add up to produce a context where the big things like pay gaps and violence seem more palatable and inevitable, as they encourage the perception women are secondary to men.

Modernity is a plethora of small battles that if won could all help nurture movement on bigger changes too- whether the persistence of Page 3, Facebook’s accountability for its depiction of women to the reconfiguration of cartoon heroines to be sexually alluring and the decline of women on screen in talking roles. When women are not seen or heard in their own varied and distinctive voices, its easier for others to define their worth - from those who argue rape victims can held be culpable or who claim concern for gender equality encourages a lack of femininity. Conversely when men and women interact, they help each other achieve. Making public female success doesn't just make women feel good. It makes us all expect more of each other- and in turn ask why it isn't happening, so encouraging us to search harder for all the talent that resides within our shores.

If Britain is to be a place where potential is realised, we need to be willing to confront these speedhumps on our road to equality; becoming a country in which women from all walks of life are seen and speaking out as well as spoken about and shown. Even if Fry's time is up, the range of women who could be acknowledged is immense; from Mary Seacole to Mary Wollstencraft, Emily Davison to Rosalind Franklin. In showcasing them we generate an anticipation of future success for 51 per cent of the population that helps build a more just, more equal and so more prosperous world for all.

Mervyn and his fellow members of the Court of Directors of the Bank of England - gender balance of one woman out of twelve - need to hear deleting Elizbeth Fry isn’t a small fry issue. That’s why I’m backing the Women’s Room who have until the 24 June to raise the remaining £7,000 required for a judicial review – please help by donating a Darwin this week to send a message it matters that women are on the money.  

Stella Creasy is the Labour and Co-operative MP for Walthamstow

The absence of everyday celebration of women's capabilities is more influential than many will think.
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Tom Watson rouses Labour's conference as he comes out fighting

The party's deputy leader exhilarated delegates with his paean to the Blair and Brown years. 

Tom Watson is down but not out. After Jeremy Corbyn's second landslide victory, and weeks of threats against his position, Labour's deputy leader could have played it safe. Instead, he came out fighting. 

With Corbyn seated directly behind him, he declared: "I don't know why we've been focusing on what was wrong with the Blair and Brown governments for the last six years. But trashing our record is not the way to enhance our brand. We won't win elections like that! And we need to win elections!" As Watson won a standing ovation from the hall and the platform, the Labour leader remained motionless. When a heckler interjected, Watson riposted: "Jeremy, I don't think she got the unity memo." Labour delegates, many of whom hail from the pre-Corbyn era, lapped it up.

Though he warned against another challenge to the leader ("we can't afford to keep doing this"), he offered a starkly different account of the party's past and its future. He reaffirmed Labour's commitment to Nato ("a socialist construct"), with Corbyn left isolated as the platform applauded. The only reference to the leader came when Watson recalled his recent PMQs victory over grammar schools. There were dissenting voices (Watson was heckled as he praised Sadiq Khan for winning an election: "Just like Jeremy Corbyn!"). But one would never have guessed that this was the party which had just re-elected Corbyn. 

There was much more to Watson's speech than this: a fine comic riff on "Saturday's result" (Ed Balls on Strictly), a spirited attack on Theresa May's "ducking and diving; humming and hahing" and a cerebral account of the automation revolution. But it was his paean to Labour history that roused the conference as no other speaker has. 

The party's deputy channelled the spirit of both Hugh Gaitskell ("fight, and fight, and fight again to save the party we love") and his mentor Gordon Brown (emulating his trademark rollcall of New Labour achivements). With his voice cracking, Watson recalled when "from the sunny uplands of increasing prosperity social democratic government started to feel normal to the people of Britain". For Labour, a party that has never been further from power in recent decades, that truly was another age. But for a brief moment, Watson's tubthumper allowed Corbyn's vanquished opponents to relive it. 

George Eaton is political editor of the New Statesman.