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New polymer fiver contains animal fat, says Bank of England.

BANKING AND CREDIT NEWS-November 29, 2016-New polymer fiver contains animal fat, says Bank of England

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The UK's new five-pound note contains animal fat, the Bank of England has confirmed.

The revelation came in response to a question on Twitter, with the Bank of England stating that "there is a trace of tallow in the polymer pellets used in the base substrate of the polymer GBP5 notes".

Tallow is made from rendered animal fat. It is often used in the making of household items like soap and candles.

Vegans and vegetarians have expressed outrage and a petition has been launched on Change.org, calling on the Bank of England to remove animal derivatives from the production of the notes.

The petition, started by Doug Maw, states: "The new GBP5 notes contain animal fat in the form of tallow.

"This is unacceptable to millions of vegans & vegetarians in the UK.

"We demand that you cease to use animal products in the production of currency that we have to use."

The polymer five-pound notes have been in circulation since September 2016.

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Publication:M2 Banking & Credit News (BCN)
Date:Nov 29, 2016
Words:197
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