Related News
New 5 pound note can be laundered
Print Edition
A new polymer banknote featuring wartime leader Winston Churchill went into circulation yesterday in Britain — one of the first European countries with notes that, literally, can be laundered.
The Bank of England will initially issue 440 million of the new 5 pound notes (US$6.70) and the old note will cease to be legal tender in May next year.
“The use of polymer means it can better withstand being repeatedly folded into wallets or scrunched up inside pockets and can also survive a spin in the washing machine,” Governor Mark Carney said.
“We expect polymer notes to last at least two-and-a-half times longer than the current generation of fivers and therefore reduce future costs of production,” Carney said.
He said it was estimated to last five years.
The new notes also has security features intended to make it harder to counterfeit. These include a see-through window featuring Queen Elizabeth II’s portrait as well as a picture of Big Ben in gold foil.
The famous Houses of Parliament clock tower is showing the time as 3:00pm, the approximate time on May 13, 1940, that Churchill delivered a famous speech to parliament during World War II.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
