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UK could introduce new banknotes made of plastic says incoming Bank of England governor

Posted By admin On February 18, 2013 @ 6:28 am In Money Watch | Comments Disabled

UK Daily Mail [1]
Feb 18, 2013

The incoming Bank of England governor has said he is ‘exploring’ the introduction of plastic banknotes in Britain.

Mark Carney, who introduced polymer notes to Canada as the Bank of Canada Governor, said Britain could now follow suit.

Plastic notes are designed to be more durable, waterproof and harder to forge than paper money, which has been in use for 300 years.

Other countries using polymer notes include New Zealand, Romania, Papua New Guinea, Mexico and Vietnam.

Full article here [1]

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URLs in this post:

[1] UK Daily Mail: http://www.dailymail.co.uk/news/article-2280344/The-polymer-pound-UK-plastic-banknotes-claims-incoming-Governor-Bank-England.html

[2] World facing worst financial crisis in history, Bank of England Governor says: http://www.prisonplanet.com/world-facing-worst-financial-crisis-in-history-bank-of-england-governor-says.html

[3] Bank Governor Mervyn King defeated in bid to print even more money: http://www.prisonplanet.com/bank-governor-mervyn-king-defeated-in-bid-to-print-even-more-money.html

[4] Britain at risk of another financial crisis, Bank of England chief warns: http://www.prisonplanet.com/britain-at-risk-of-another-financial-crisis-bank-of-england-chief-warns.html

[5] Bank of England Chief Mervyn King Proposes Eliminating Fractional Reserve Banking: http://www.prisonplanet.com/bank-of-england-chief-mervyn-king-proposes-eliminating-fractional-reserve-banking.html

[6] Bank of England, Sterling and Government Treason: http://www.prisonplanet.com/bank-of-england-sterling-and-government-treason.html

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