‘Cleaner and greener’ £5 notes hit the streets

The Bank of England has started circulating the new £5 notes that are said to be more environmentally friendly. The ‘cleaner, safer and stronger’ banknotes are made from polymer, a thin, flexible plastic material and feature Winston Churchill. According to the Bank, polymer is resistant to dirt and moisture and lasts around 2.5 times longer […]

UK mulls switch to ‘cleaner and greener’ banknotes

The Bank of England is considering switching from paper to plastic banknotes, which is said to be more environmentally-friendly. Research conducted by the Bank for the last three years showed printing on polymer would bring more benefits compared to the cotton paper currency that have been in circulation for more than 300 years. Polymer banknotes […]