The Bank of England’s new £5 note will be printed on polymer for the first time, making it cleaner, safer and stronger than paper notes. Polymer is a thin, flexible plastic which is longer lasting than paper and resistant to dirt and moisture. The new note will also have advanced security features which make it harder to counterfeit. The New Fiver, featuring Winston Churchill, will be issued from 13 September 2016.
Open Forum 2015 Building real markets for the good of the people.
Financial markets can and should be powerful drivers of prosperity. They finance trade, investment and growth. They price and allocate capital, and they transfer risks to those most able to bear them.
Markets affect everyone. But they can go wrong. Left unattended they can be prone to excess, instability and abuse. In order for markets to regain their social license, it is vital that public authorities and private market participants work together to reverse the tide of ethical drift. This cannot be a one-off exercise and needs continuous engagement so that market infrastructure keeps pace with market innovation.
Therefore the Bank will hold an Open Forum on 11 November in the Guildhall. To map a positive future for financial markets, the event will bring together policymakers, financial market participants and users, academics, media representatives and wider society.