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Are the days of £50 notes numbered?

Is it the beginning of the end for the £50 note? Plans for converting Bank of England notes to plastic (with or without animal fat) end with the £20 in 2020. But the future may not be so bright for the £50. There are currently no plans for the more durable version. And as other countries phase out their high value notes to discourage crime, money laundering and tax evasion there are suggestions that the £50 may follow them to the museum. Jordan Dunbar, Paul Lewis and Claer Barrett discuss the rise and fall of high-value banknotes.

First broadcast on Money Box, 19 December 2016.

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Duration:

5 minutes

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