The UK has confirmed plans for a new £50 note, which will be the final in its series of anti-counterfeit currencies.
The UK's bank will announce a character selection process for the new £50 note in due course, which will seek nominations from the public for potential notable figures to appear on the new note.
Having successfully moved to polymer with the £5 and £10 note, the £20 note, depicting the British artist William Turner, will be issued on polymer in 2020 and the new £50 note will follow this.
Sarah John, the bank’s chief cashier, said: “We are committed to providing the public with high quality notes they can use with confidence. Moving the £50 note onto polymer is an important next step to ensure that we can continue to do that.”
The new notes were created to be cleaner, safer and stronger. They are harder to counterfeit and increase the quality of notes in circulation. They also last around 2.5 times longer than paper notes and are more environmentally friendly.
