The Bank of England is today expected to announce plans to press ahead with switching to plastic banknotes, starting with the new Sir Winston Churchill £5 note in 2016.
The Bank has been considering a move to polymer notes for several years and new governor Mark Carney, who replaced Mervyn King in June, launched a public consultation on the switch shortly after taking up his post.
In Australia, the notes, which are seen as more hard-wearing and hygienic, have been in circulation since 1996
More top news
All cuts have consequences, warns Joel Hills, as he examines which assets may be up for sale if George Osborne decides 'everything must go'.
Tests revealed she was suffering from secretory carcinoma - which affects just "one in a million people" diagnosed with the breast cancer.
A terminally ill cancer patient was led down the 'aisle' in bed at hospital after being told she was unlikely to survive weekend,