The Bank of England has said it had spent three yeas researching materials on which banknotes are printed, concluding that there were "compelling reasons" to move to printing banknotes on polymer, a thin flexible plastic film. According to their research:
- Polymer banknotes are resistant to dirt and moisture so stay cleaner for longer than paper banknotes.
- Polymer banknotes are secure. They incorporate advanced security features making them difficult to counterfeit.
- Polymer banknotes are more durable. They last at least 2.5 times longer than paper banknotes so will take much longer to become “tatty”.
- Polymer banknotes are more environmentally friendly .
More top news
Kim Kardashian has said she is "really happy" her step-father Bruce Jenner has found "inner peace" as he transitions to become a woman.
Bournemouth will effectively win promotion from the Championship to the Premier League if they beat Bolton at home on Monday.
Thousands have fled Burundi as violent protests against the president's decision to stand for a third term break out, leaving five dead.