Jason Rogers
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The BOE announced Tuesday that it is starting a public consultation over whether to replace cotton-paper £5 and £10 bank notes with plastic-feeling polymer "fivers" and "tenners" in 2016, when new bills featuring wartime leader Winston Churchill are scheduled to enter circulation.... Mr. Carney [the governor of the BOE] introduced polymer bank notes in Canada during his tenure as head of the central bank there. Canadians complained they clogged up vending machines and melted in the sun.
source: Bank of England Ponders Move to Plastic for Bank Notes - WSJ.com
A sample £10 note made from polymer instead of cotton-fiber paper.
How do those of you in the UK feel about this? I live in the US, but I think if these notes are anything like the ones in Australia, then I'd like to see us do something similar with our notes too. Much more durable than what we have right now.
source: Bank of England Ponders Move to Plastic for Bank Notes - WSJ.com
A sample £10 note made from polymer instead of cotton-fiber paper.
How do those of you in the UK feel about this? I live in the US, but I think if these notes are anything like the ones in Australia, then I'd like to see us do something similar with our notes too. Much more durable than what we have right now.