The polymer pound: UK could get plastic banknotes, claims incoming Governor of the Bank of England

UK could introduce new banknotes made of plastic says incoming Bank of England governorMark Carney said bank is 'exploring a variety of options' when asked about introducing plastic notesHe said they are 'cleaner and greener' and 'good value'Also described the notes as 'better for the environment' By Louise Eccles PUBLISHED: 05:38 GMT, 18 February 2013 | UPDATED: 10:44 GMT, 18 February 2013 Possibility: Mark Carney, the incoming governor of the Bank of England, said the bank was 'exploring a variety of options' when asked about introducing plastic notes The incoming Bank of England governor has said he is ‘exploring’ the introduction of plastic banknotes in Britain.

Is this the end of paper banknotes? Plastic version could be in your pocket in just three years

Is this the end of paper banknotes Plastic version could be in your pocket in just three yearsOverhaul could see environmentally-friendly notes introduced from 2015Have proved a success since being introduced in Australia in 1988Plastic lasts much longer and are more hygienic but more expensive to make | UPDATED: 00:04 GMT, 17 December 2012 Plastic banknotes are set to be introduced in Britain, replacing the paper money used for more than 300 years. The radical overhaul could see the more durable, waterproof and harder-to-counterfeit polymer sterling notes in circulation within three years.