Nifty fifties to remain

The £50 note will remain part of UK currency after a “new, more secure” version of the highest-value note was announced. It will be printed on a thin, flexible plastic polymer, the Bank of England said yesterday. The last crop of fifties was introduced in 2011 and its future was uncertain after concerns were raised about it being used for money laundering and tax evasion. But the Treasury said the next batch will scupper criminals by being much harder to forge.