Jim Shannon – 2015 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Jim Shannon on 2015-10-27.

To ask Mr Chancellor of the Exchequer, what recent representations he has received on the use of plastic bank notes; and if he will make a statement.

Harriett Baldwin

The Bank of England is the issuing authority for banknotes. Following research and a public consultation in 2013, the Bank decided that new polymer £5 and £10 banknotes would come into circulation at the end of 2016 and 2017 respectively. In September 2015, the Bank announced that the next £20 note will also be printed on polymer after considering further developments in banknote technology.