New Plastic £5 Note Celebrates 'Bulldog Spirit' TrendyVoice

2 June 2016

New Plastic £5 Note Celebrates 'Bulldog Spirit'




The design of Britain's first plastic banknote
has been unveiled with the promise it will
"stand the test of time".
The five-pound note, which will be released into
circulation in September, features former prime
minister Sir Winston Churchill.
Bank of England Governor Mark Carney paid tribute
to the wartime PM's "bulldog spirit" as he revealed
the design at Sir Winston's birthplace at Blenheim
Palace in Oxfordshire.
"This spirit is just one, only one, of his many
contributions that the Bank commemorates with the
new fiver," Mr Carney said.


"Our banknotes are testaments to the outstanding
achievements of the nation's greatest individuals.
"They are repositories of the United Kingdom's
collective memory.
"That contribution will continue with the new £5,
which brings together the future, in the form of
polymer and the most advanced security features
yet, and Britain's glorious history, in the
achievements of Sir Winston Leonard Spencer
Churchill."
The new banknote marks a shift away from the
current paper notes because it is being printed on
polymer - a thin, plastic film.


Plastic notes are tear-resistant and can be wiped
clean.
The new design is set to enter circulation in the
autumn with a first print-run of 440 million notes.
When it was announced in 2013 that Sir Winston's
face would replace that of prison reformer Elizabeth
Fry, there was a public outcry because it would have
meant that there were no female faces - except for
the Queen's - on any UK banknotes.
However, the Bank of England subsequently
announced that novelist Jane Austen would be the
face of the new £10 note, which will be printed on
polymer from 2017.
Australia was the first country to introduce plastic
notes almost 30 years ago, and they're now used in
more than 30 countries.




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