Chester MP, Chris Matheson, joined the Chief Cashier and members of the Bank of England team in Parliament to learn more about the new five pound note before it is issued on 13th September.
The ‘New Fiver’ features former Prime Minister Sir Winston Churchill and will be made of polymer, a thin flexible plastic. Chris was invited to try out the new security features of the money and find out how local businesses and the public in Chester can prepare for the new note.
Chris said: “The new fiver is cleaner, safer and stronger than the old paper note so they will remain in good condition for longer. The only downside I can see is that with well-paid jobs still scarce under the current government, people in Chester have fewer of them burning a hole in their pockets!”