--%> Bank of England to Keep Animal Fat in Money
News

Bank of England to Keep Animal Fat in Money

British £5 and £10 banknotes will continue to contain tallow until the bank can find a plant-based alternative.

After an ongoing controversy, the Bank of England (BOE) has issued a statement regarding its decision to keep the current £5 banknotes in circulation. The banknotes in question are made with plastic polymer pellets—provided by its contracted supplier Innovia Security—that contain tallow (or rendered animal fat). The notes were put into circulation last September and raised concerns from animal-rights activists and religious groups alike, which deemed the currency an unavoidable contradiction to their non-violent ethical beliefs. While BOE considered destroying and reprinting the tainted banknotes last year, it ultimately decided to keep the currency as-is, and revealed that a £10 banknote that also contains tallow will be printed this September. “Withdrawing £5 polymer banknotes and stopping production of £10 polymer banknotes would have significant implications for the Bank’s anti-counterfeiting strategy and threaten continuity of supply of banknotes to the public,” BOE said in its statement. “It would carry environmental risks and impose significant financial costs on the Bank, and thereby the taxpayer, and on the cash industry.” UK-based animal-rights organization The Vegan Society is working with BOE to remove animal products from future currency, and the bank has recently postponed the printing of a £20 banknote (which was to be released in 2020), pending its negotiations with Innovia to create a plant-based alternative to the polymer.

More News

Last Captive-Born Orca Dies at SeaWorld

Three-month-old baby orca Kyara died of pneumonia—the same illness that killed Tilikum in January.
Read More »

Midwest Vegan Eatery Creates Copycat Big Mac

St.. Paul's J. Selby's "Dirty Secret" is made with two all-"beaf" patties, special sauce, lettuce, cheeze, pickles, onions, and served on a vegan sesame seed bun.
Read More »

88-Year-Old Vegan Climbs Kilimanjaro

Colorado resident Fred Distelhorst may have set a world record as the oldest person to ever ascend one of the world?s highest peaks.
Read More »

New Series "The Vegan Road Show USA" Debuts in August

The new show will showcase vegan restaurants across the country and feature special correspondent Maggie Taylor—the niece of famed vegan director James Cameron.
Read More »

Vegan-Friendly Chef to Headline BBQ Festival

Chef Shannon Martinez' plant-based chorizo, Spanish meatballs, and cashew cheese are the talk of the otherwise meat-centric event in Australia.
Read More »

This Week on VegNews TV: The secret to these delightful sweet treats is white beans! Aylin Erman shows you how to make these simple blondies.

More Videos »