Bank of England agrees public debate on tallow in new currency notes


THE Bank of England has said it will launch a full public consultation ahead of the proposed new £20 polymer banknotes following the controversy over the use of tallow in the new £5 notes. In a letter last Wednesday (15), Victoria Cleland, the chief cashier and director of notes at the Bank of England, told Hindu faith leaders that the bank will “continue with the proposed launch of the new £10 polymer banknotes in September 2017, using the existing polymer substrate”. However, following concerns among some Hindus about the use of animal derived products in the new notes, the bank…

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