Bank of England Prepares for Plastic Banknotes
Would last longer and be cleaner
Smaller, wipe-clean plastic banknotes could be introduced by the Bank of England from 2016, matching currency across the world.
The new polymer notes stay cleaner, are more secure and should even survive a spell in the washing machine, the Bank says.
It has spent three years studying the impacts of a change from cotton paper.
The switch could start with the new £5 note, featuring Sir Winston Churchill, with the £10 note to follow.
Hide Comments (0)
Editor's Note: As of February 29, 2024, commenting privileges on reason.com posts are limited to Reason Plus subscribers. Past commenters are grandfathered in for a temporary period. Subscribe here to preserve your ability to comment. Your Reason Plus subscription also gives you an ad-free version of reason.com, along with full access to the digital edition and archives of Reason magazine. We request that comments be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of reason.com or Reason Foundation. We reserve the right to delete any comment and ban commenters for any reason at any time. Comments may only be edited within 5 minutes of posting. Report abuses.
Please
to post commentsMute this user?
Ban this user?
Un-ban this user?
Nuke this user?
Un-nuke this user?
Flag this comment?
Un-flag this comment?