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Bank of England launches ‘plastic fiver’

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  • čas přidán 12. 09. 2016
  • ► Subscribe to the Financial Times on CZcams: bit.ly/FTimeSubs
    The polymer £5 note, launched on Tuesday in the UK, can survive a spin in a washing machine and is much harder to forge than traditional paper money, reports Claer Barrett, the FT’s personal finance editor
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Komentáře • 49

  • @smalltime0
    @smalltime0 Před 8 lety +8

    First country with polymer notes was Australia (since 1988)

  • @MichaelSummer593
    @MichaelSummer593 Před 8 lety +3

    My country Romania has plastic money since 1999.

  • @defectiveclone8450
    @defectiveclone8450 Před 7 lety +3

    Australia invented the plastic note. The tech was so good all countries that use plastic licenses the tech from Australia.. Australia even print most of those notes for these countries. the first plastic note came out as a trial in 1988 in Australia to replace the paper money.. :)

    • @qpae123
      @qpae123 Před 6 lety

      Yes. Australia was first in the World. and In Europe first to implement a Full Set was Romania in 1999, so almost 20 years ago :) . Only in Britain discovered them now :))

  • @bw5991
    @bw5991 Před 8 lety +8

    First polymer note in the UK was from a Northern Irish bank in 1999 then Scotland in 2015.

  • @jonathanpowell7256
    @jonathanpowell7256 Před 4 lety +1

    Last time I checked Monopoly money was still made out of paper.

  • @homeworkradio2565
    @homeworkradio2565 Před 7 lety +1

    I just crushed the new £5 note in a hydraulic press...DESTROYED!!

  • @wellofbeersheba
    @wellofbeersheba Před 8 lety +3

    And my country, Australia, invented them - 1988.

  • @dougg1976
    @dougg1976 Před 8 lety +2

    Australia has had it for ages

  • @TheCaulfield1
    @TheCaulfield1 Před 8 lety +4

    Please make £10, £20 and £50 notes like this....great idea!!

    • @arrow4749
      @arrow4749 Před 7 lety +2

      They are going to make polymer £10 and £20 notes. They don't plan to make changes to the £50 note since it is a lot rarer.

  • @LachiBoii
    @LachiBoii Před 8 lety +2

    As an Australian, it's hilarious watchings Brits getting all excited over polymer banknotes XD

    • @jaydaksy4094
      @jaydaksy4094 Před 7 lety

      lachlan duggan they even have plastic notes in Nigeria of all places 😕 lol, so nothing new with the British ones.

  • @trickykid73
    @trickykid73 Před 8 lety +4

    Australia had them 20 years ago !

    • @qpae123
      @qpae123 Před 6 lety

      more like 30 years ago, Australia invented the polymer banknotes. Here in Romania we have polymer since 1999, almost 20 years ago lol.

  • @BlunderCity
    @BlunderCity Před 7 lety +1

    I used to live in Romania and they also use plastic banknotes. One thing I hate about them is that you can see the dirt a lot more on them. But hey you can clean them easily, the problem is... well you don't clean them and they remain dirty looking in your pockets.
    With paper money, it's dirty but you don't see it. Ignorance is bliss!

    • @qpae123
      @qpae123 Před 6 lety

      Romania was the first country in Europe to implement a full set ofpolymer banknotes since 1999 .

  • @kosukemiura1226
    @kosukemiura1226 Před 6 lety +1

    In 10 years, all bills will be plastic.

    • @jeivekk2613
      @jeivekk2613 Před 6 lety

      Pastel Jelly accept the us dollars

  • @mantis877
    @mantis877 Před 7 lety +1

    The old notes would also survive a washing machine cycle as they were/are made of fabric. not paper.

  • @nicholasb8799
    @nicholasb8799 Před 8 lety +6

    And it's still worth nothing....

    • @Inkulabi
      @Inkulabi Před 8 lety

      Yup, no gold or silver for this fiat currency regardless of a gold and silver Big Ben.Brilliant to have Churchill on the note! How generous he was for what he did for the 3 million Bengalis in 1943

  • @AlejandroDuran263
    @AlejandroDuran263 Před 2 lety

    Just like the plastic notes from Mexico 🇲🇽 Canada 🇨🇦 and Australia 🇦🇺

  • @qpae123
    @qpae123 Před 6 lety +3

    The New Fiver looks ok, but if you remove the War Criminal from the back and put a real human beign instead , it will look GREAT ! :))

  • @sugreev2001
    @sugreev2001 Před 8 lety

    It looks pretty cool imo

  • @jackgreenhalgh7664
    @jackgreenhalgh7664 Před 8 lety +1

    Will they have an adverse environmental impact I wonder...

  • @sodthong
    @sodthong Před 7 lety +1

    They crease up badly, awful notes..

  • @SIRlodgey
    @SIRlodgey Před 7 lety

    The other fivers survived the washing machine, they also survived the drier, these melt

  • @utubeballbag
    @utubeballbag Před 8 lety +3

    way to not do your reserch haha first polymer banknote was in northern ireland 1999, lol

    • @K.F.L
      @K.F.L Před 8 lety

      I think she was referring to legal tender.

    • @utubeballbag
      @utubeballbag Před 8 lety

      she never said that - she just said the uks first plastic banknote - of which the english note is definetly not first

    • @K.F.L
      @K.F.L Před 8 lety

      I know she never said that directly but it's safe to presume that's what she ment considering the multiple roles shes had with the Financial Times and how wide spread plastic notes are in England, especially the Scottish ones.

    • @TheGiantKillers
      @TheGiantKillers Před 7 lety +1

      The Northern Bank £5 note was as much legal tender in Glasgow, London and Cardiff as it was in Glengormley, Lisburn and Coleraine. Though most people in England and Wales commonly refuse to accept Northern Irish money as [unlike the Scots] they are unused to bank issued notes. This is their right to do so. indeed you can refuse to accept any legal tender bank note if you don't like the look of it, including bank of England. So the statement at the top of the film is wrong. The first legal tender UK banknote was issued by Northern Bank in 1999.

    • @K.F.L
      @K.F.L Před 7 lety

      The Bank of England is the only bank in the UK that can produce legal tender.

  • @arzn253
    @arzn253 Před 6 lety

    Isn't this a waste of the planet's resources?

    • @Mudsville1
      @Mudsville1 Před 2 lety

      No, because plastic money or polymer fiber money can last longer than paper money, and when platic or polymer fiber money is no longer fit for circulation after several years it can be recycled to become a chair park or a trash bin or anynother recycable materials

  • @genemayne1577
    @genemayne1577 Před 7 lety +1

    Bank of England launches polymer untearable plastic £5 note
    which are real and which are Fake £5 note and which are just misprints
    do you know because i have ten plastic £5 note and not one is the same
    tell me which real which Fake £5 note then because had two where shops wouldn't take lol I would like the Bank of England to send me photos each side plastic £5 note

  • @waltertulian8474
    @waltertulian8474 Před 8 lety

    MALVINAS ARGENTINAS

  • @bitcoincryptofreedom3652
    @bitcoincryptofreedom3652 Před 8 lety +1

    Fiat Currency sucks.

  • @marilynoire
    @marilynoire Před 4 lety

    So long for fighting against plastic usage..
    Now everyone will be made to use plastic..In the worse of its kind A toxic polymer