The Bank of England is to consider using palm oil in the production of the new £20 note, following criticism of the use of animal fats in the plastic £5. The new £20 note is due to be introduced by 2020, but the tender for production has been put on hold. Vegans, Hindus and Sikhs have objected to the tallow used in plastic notes. The Bank said it was now assessing whether palm oil or coconut oil should be used instead. However, the announcement proved controversial with conservation groups, who warned that palm oil production can wreck rainforests and displace people living in them. "It would depend on where the Bank ... (full story)