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Clydesdale Bank's more durable £5 note, issued in March 2015, has secured a nomination for the title of bank note of the year.
 
The UK will compete with bank notes from Singapore, New Zealand and China for the title awarded by the International Bank Note Society.
The Bank of England’s Chief Cashier, Victoria Cleland, has announced that the Bank will unveil the design of the new five pound banknote on the 2nd of June 2016.
 
In her speech, at the Retail Business Technology Expo in London on the 10th of March, Victoria outlined the benefits of polymer banknotes and how businesses can best prepare for their introduction in September.
 
A new Clydesdale Bank £10 polymer note will go into production later this year and should be ready for circulation in 2017.
 
It features the Bard on the front and views of Edinburgh and its castle on the reverse.
 

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