Bank note controversy in UK
The revelation has triggered an online petition calling for the note to be banned. It’s gathered more than 100,000 signatures.
The controversial fiver has caused a storm on social media. The Bank claims it was unaware of the traces of tallow when it signed the production contract with supplier Innovia.
The Bank of England’s boss has said a solution is urgently being sought.The new plastic £5 note was introduced in September and is more durable than the previous one. It is expected to last an an average of five years.