Bank of England has issued a new £5 note which contains Animal Tallow. I was wondering if you can explain to me as to how the animal tallow is used in this process. Also would you be able to speculate as to tallow of which animal could potentially be used in this production process?
Does the animal tallow completely transform or are its original characteristics retained?
Bank of England official Press Release is as follows:
We are aware of some people’s concerns about traces of tallow in our new five pound note. We respect those concerns and are treating them with the utmost seriousness.
This issue has only just come to light, and the Bank did not know about it when the contract was signed.
Information recently provided by our supplier, Innovia, and its supply chain shows that an extremely small amount of tallow is used in an early stage of the production process of polymer pellets, which are then used to create the base substrate for the five pound note.
Innovia is now working intensively with its supply chain and will keep the Bank informed on progress towards potential solutions.