Future 20-pound note will also be polymer

The Bank of England has announced that, after the 5 and 10-pound note, the future 20-pound note will also be printed on polymer.

"The polymer £5 note featuring Winston Churchill will be issued in autumn 2016, the £10 polymer note featuring Jane Austen entering circulation a year later. The Bank made the decision to move to polymer for the £20 note following extensive research into the developments in security features for notes printed on cotton-based paper and polymer since the 2013 decision was made. A competitive tender process for the supply of the polymer for the £20 note is expected to start in late 2015. The note, which will feature a visual artist nominated during the public nominations period held earlier this year, will enter circulation in 3-5 years’ time."

The reverse of the current 20-pound note: