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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 at the £20 in 2020. But the future may not be so bright for the £50. There are currently no plans to polymerise it. And as other countries phase out their high value notes – or in India’s case not so high ones – to discourage crime, money laundering and tax evasion there are suggestions that the £50 may follow them to the museum of old banknotes.