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Carney may move the UK to plastic cash
He's been hailed as the rock star of central banking and the saviour of the UK economy, but Mark Carney – the next Governor of the Bank of England – may be best remembered as the man who gave the country plastic cash. Mr Carney introduced “polymer bills” to Canada last year and, on CTV television yesterday, hinted Britain may follow suit after he joins in July. Asked if the UK could look forward to a “polymer pound”, he said: “The Bank is exploring a variety of options for their next currency, yes.” Polymer bills have not been universally welcomed in Canada, where there have been reports of them ... (full story)
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