The Bank of England’s latest consultation, asking the public to help shape the next generation of banknotes, comes to an end this week (Thursday 31st July).
The consultation offers six compelling themes: notable historical figures, architecture and landmarks, arts and culture, noteworthy historical events, innovation and nature.
The plastic problem
As we consider what images should grace our currency, some are suggesting that perhaps it’s time to address the elephant in the room – the plastic in our wallets.
Many Islanders will remember the controversy when polymer notes replaced traditional paper currency from 2016 onwards.
Slippery notes
The ‘slippery’ plastic notes seem to have a mind of their own, sliding out of wallets, pockets and purses with alarming ease.
Many describe them as feeling somehow less authentic, lacking the reassuring texture of paper money that generations grew up with.
Real concerns
These aren’t merely sentimental issues. Some businesses have reported customers struggling with the notes at checkout, while older residents often express genuine difficulty handling the new material.
Frustratingly, they can also stick together.
A question of identity
Victoria Cleland, the Bank’s Chief Cashier, emphasises that “banknotes serve as a symbolic representation of our collective national identity”.
If that’s true, shouldn’t they also feel comfortable and familiar in our hands?
Time to reconsider?
Other countries have successfully maintained paper currency while incorporating modern security features.
Perhaps this design consultation presents the perfect opportunity to reconsider not just what our notes look like, but what they’re made of.
Have your say
The consultation runs until Thursday 31st July.
What do you think? Have you experienced difficulties with the polymer notes? Do you think the Bank of England should consider returning to paper notes?
Join in the discussion below to share your thoughts.
