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The new plastic £5 note explained

December 7, 2019


So the new five-pound note, as you say, it’s
on polymer which is type of plastic and we had a sort of research and
development project in the bank for a number of years really trying to think
what is the best new note for The Bank of England and for the public. And we
found that polymer notes they’re made from a type of plastic and with the right
security features on, are much more difficult to counterfeit, they stay
cleaner longer, they’re more durable and if you put that together you’ve got sort
of much more difficult to counterfeit notes, better quality notes in your
pockets – so fewer tatty fivers. Also because they’re more durable, they’re
ultimately better for the environment, so we don’t need to replace so many.

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