Photo by Karen Bryan/Flickr Plastic money. That isn't just an economic term. Soon it will be fact for British pound users. The Bank of England announced Wednesday that come 2016, they will trade ...

LONDON -- Paper or plastic? No, not what kind of bag do you want your purchases in; it’s what kind of money you’ll use to pay for them, at least in Britain. The Bank of England announced ...

The new £5 note may be the first plastic bill in British currency, but it certainly won’t be the last. In the summer of 2017, a Jane Austen £10 note will be introduced into circulation, ...

The firm that supplies the polymer plastic used in Britain's £5 notes -- Innovia Films -- also supplies material used in polymer money in 23 other countries, including Canada and Australia.

OTTAWA, Ontario — The trouble with paper money, aside from that we spend it too easily and governments often print too much of it, is that it wears out too fast, especially in balmy places ...

LONDON — Britain is pondering plastic pounds. The Bank of England is considering replacing paper money with polymer bank notes which are billed as cleaner, stronger and more secure. Britain’s ...

Current polymer banknotes -- which have been gradually replacing paper money in the UK since 2016 -- carrying the queen´s portrait will remain legal tender which can continue to be used.

The U.K. isn’t the only country that’s using animal fat in plastic currency. The central banks of Canada and Australia have confirmed to CNNMoney that their polymer bills also contain traces ...