Polymer pounds?
I already wrote about the tender which the Bank of England issued for the printing of the British banknotes from 2015 to 2029. Part of the new tender is a demand that the new printer is able to cope with changes from paper to polymer banknotes.
Does this mean that in the future the British pounds will be a polymer note? That will probably be the case for the lower denominations. Their lifespan is very short as a paper banknote. A polymer pound would last a lot longer.
Will the Bank switch completely to polymer? Only time will tell.
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