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18/12/2013
BoE To Introduce Plastic Banknotes
The Bank of England have announced that they will introduce plastic bank notes in 2016.
Cotton paper bank notes, which have been in use for over 100 years, are to be replaced with polymer notes that the bank say stay cleaner and are more secure.
It is understood that Winston Churchill will feature on the new £5 note, which will be the first plastic note to be introduced.
The announcement follows a public consultation carried out by the bank at shopping centres around the UK.
Some 13,000 people responded to the bank, with 87% being in favour, 6% opposed and 7% neutral.
(MH/CD)
Cotton paper bank notes, which have been in use for over 100 years, are to be replaced with polymer notes that the bank say stay cleaner and are more secure.
It is understood that Winston Churchill will feature on the new £5 note, which will be the first plastic note to be introduced.
The announcement follows a public consultation carried out by the bank at shopping centres around the UK.
Some 13,000 people responded to the bank, with 87% being in favour, 6% opposed and 7% neutral.
(MH/CD)
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10 September 2013
Plastic Banknotes 'Ready For 2016'
The Bank of England has said smaller, wipe-clean plastic banknotes could be introduced from 2016. The new polymer notes stay cleaner and are more secure than the current cotton paper.
Plastic Banknotes 'Ready For 2016'
The Bank of England has said smaller, wipe-clean plastic banknotes could be introduced from 2016. The new polymer notes stay cleaner and are more secure than the current cotton paper.
16 January 2006
Plastic surgery becoming more popular
An increasing number of Britons are opting for plastic surgery, according to the latest figures. The British Association of Aesthetic Plastic Surgeons (BAAPS) said that its members carried out 22,041 surgical procedures last year - an increase of 34.6% since 2004.
Plastic surgery becoming more popular
An increasing number of Britons are opting for plastic surgery, according to the latest figures. The British Association of Aesthetic Plastic Surgeons (BAAPS) said that its members carried out 22,041 surgical procedures last year - an increase of 34.6% since 2004.
05 May 2011
Bank Of England Maintains Bank Rate At 0.5%
The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £200 billion. The previous change in Bank Rate was a reduction of 0.5 percentage points to 0.
Bank Of England Maintains Bank Rate At 0.5%
The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £200 billion. The previous change in Bank Rate was a reduction of 0.5 percentage points to 0.
21 August 2003
Stephenson 'fivers' to be withdrawn
Old-style £5 notes featuring the image of George Stephenson are to be withdrawn from circulation, the Bank of England announced today. The Bank says that the notes can continue to be used up to 21 November 2003 after which they will no longer be legal tender.
Stephenson 'fivers' to be withdrawn
Old-style £5 notes featuring the image of George Stephenson are to be withdrawn from circulation, the Bank of England announced today. The Bank says that the notes can continue to be used up to 21 November 2003 after which they will no longer be legal tender.
07 November 2013
Bank Of England Maintains Bank Rate At 0.5%
The Bank of England's Monetary Policy Committee has voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £375bn.
Bank Of England Maintains Bank Rate At 0.5%
The Bank of England's Monetary Policy Committee has voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £375bn.
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