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Next £20 note will be plastic, Bank of England reveals
The new note will be made from polymer, which is a more durable, secure and cleaner material than paper notes, and it will enter circulation in three to five years' time, the Bank said. The move follows an announcement in 2013 by the Bank that the next £5 and £10 banknotes would be printed on polymer. The £20 note is the most common banknote in circulation, with 1.9 billion in circulation at the end of February, according to the Bank's website. The polymer £5 note featuring Winston Churchill will be issued in autumn 2016, the £10 polymer note featuring Jane Austen entering circulation a year later. The move to ... (full story)