THE introduction of new polymer banknotes is a significant step in reducing counterfeiting risks, the Bangko Sentral ng Pilipinas (BSP) said. The central bank earlier this month launched 500-, 100-, ...

It's a good thing England is on the metric system -- the Pound will weigh less in 2016. The Bank of England, or BoE, announced yesterday it would begin circulating new, smaller, £5 and £10 banknotes ...

Plastic banknotes with a see-through image of Britannia are likely to replace traditional paper notes from 2016 under plans being drawn up by the Bank of England. The Bank said the wipe-clean polymer ...

LONDON, Dec 18 (Reuters) - British banknotes will get a tough new makeover from 2016 when plastic replaces the traditional paper, enabling them to survive accidental spins in the washing machine, the ...

According to the Bank of England (which, despite its name has a U.K. wide remit over such matters), the new polymer banknotes are being introduced because they are more durable (almost three times ...

LONDON (Reuters) - British banknotes will get a tough new makeover from 2016 when plastic replaces the traditional paper, enabling them to survive accidental spins in the washing machine, the Bank of ...

LONDON (CNNMoney) -- The Bank of England is considering a switch from paper to plastic banknotes -- which would end more than 300 years of paper currency. The central bank says polymer notes are ...

The Bank of England has launched a public consultation to find out whether people would be ready to accept plastic banknotes. If it gets the go-ahead the Bank will introduce polymer notes one at a ...

LONDON (Reuters) - The Bank of England said on Wednesday it would keep using trace amounts of animal fat to make new plastic banknotes, as it would cost about 80 million pounds ($99 million) to switch ...