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
Emmerdale star Anthony Quinlan has revealed he split his trousers in front of the rest of the cast and crew during filming.
Home Secretary Theresa May and French counterpart Bernard Cazeneuve call on EU nations to tackle the root causes of the migrant crisis.
Downing Street is likely to confirm that the UK will fund extra security guards at the Eurotunnel perimeter.