BoE’s ‘difficult decision’ to stick with animal fat substrate

New Ten Pound note
Rachael King

The Bank of England (BoE) has today (August 10) announced it will continue to use a recently adopted substrate for the UK’s banknotes, despite a public outcry over the fact that it is produced using animal by-products.

The decision comes after a public consultation, discussions with stakeholders and technical analysis of potential alternative materials, the bank says. “This was a difficult decision,” the bank says in its decision document, ultimately basing its judgement on cost and

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