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Volumes of foreign currency collected and processed by Loomis UK grew once again in 2015.
Loomis processed over 25% more foreign currency in 2015 compared to 2014 – marking the second consecutive year of growth for the Loomis FX division.
Craig Sherriff, who heads up the FX team in the UK, greeted the news, “It has been another great year for us. Once again, we have exceeded every target and expectation for Loomis FX in the UK.”
The Bank of Scotland has unveiled its first polymer banknote, which was designed by a 12-year-old from Dundee.
The limited-edition note features Pudsey Bear and will be auctioned to raise funds for BBC Children In Need.
In a move designed to make the UK's currency more secure and durable the Bank of England has announced that Britain's next £20 note will be printed on plastic
The new £20 design will be the third banknote to be printed on polymer, the BOE announced, following a 10-week public consultation that showed 87 percent of respondents were in favour.

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