The Illusion Of Cash-Plastic Notes Will Be Issued In The UK Starting In 2016

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  • PhillyFlyers
    SBR Hall of Famer
    • 09-27-11
    • 8245

    #1
    The Illusion Of Cash-Plastic Notes Will Be Issued In The UK Starting In 2016
    Plastic banknotes are to be issued for the first time when the new £5 featuring Sir Winston Churchill appears in 2016.

    A £10 note featuring Jane Austen to follow around a year later will also be made from polymer rather than the cotton paper currently used, the Bank of England said.
    It follows a three-year research programme that concluded plastic notes stay cleaner for longer, are more difficult to counterfeit and are at least 2.5 times longer-lasting.
    A public consultation, giving people the chance to handle the notes, found 87% of 13,000 individuals who responded were in favour of polymer.
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