New plastic £10 note to be revealed

Tom MarkLast Update : Tuesday 18 July 2017 - 10:01 AM
New plastic £10 note to be revealed

The full design of the new plastic £10 note will be revealed by Bank of England governor Mark Carney at Winchester Cathedral on Tuesday.

The note, which follows the polymer £5 note into circulation, is likely to be available for use in September.

It will feature a portrait of Jane Austen and is being launched on the 200th anniversary of her death.

A limited supply of a new £2 coin honouring the author has also been put into circulation by the Royal Mint.

The £10 note will be made of the same material as the £5 note, which means it also contains some traces of animal fat – an issue which caused concern for vegans and some religious groups when it was launched last September.

A petition to ban the note attracted more than 100,000 signatures but the new £10 will again contain some tallow, which is derived from meat products.

A new polymer £20 is due to be issued by 2020, but there are no plans to replace the current £50 note, which was released in 2011.

Source: business

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2017-07-18 2017-07-18
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Tom Mark