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
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