NEW, MORE SE­CURE VER­SION OF £50 NOTE

Sunday Tribune - - WORLD - African News Agency (ANA) AP

BRI­TAIN plans to keep the £50 note part of its cur­rency by in­tro­duc­ing a new and more se­cure ver­sion of its high­est value bill.

The Bank of Eng­land said Satur­day the new £50 note will be printed on thin, flex­i­ble poly­mer with ex­tra se­cu­rity mea­sures to pre­vent forg­eries. Of­fi­cials say the pub­lic will be con­sulted over which Bri­tish fig­ure will adorn the new bill.

The new note will not be in­tro­duced un­til the new­est ver­sion of the £20 note en­ters cir­cu­la­tion in 2020.

Bank of­fi­cials say poly­mer is cleaner and more durable than pa­per money and also al­lows for ex­tra se­cu­rity fea­tures to be added. |

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