The Bank of England has unveiled design for new plastic £5 notes

The video discusses the introduction of new waterproof £5 polymer notes featuring Winston Churchill, highlighting their durability and future in a world with diverse payment options. Despite a decline in cash transactions, the notes are seen as a tribute to Churchill and a necessary investment. The video also tests the notes' durability against liquids, emphasizing their resilience compared to traditional paper notes.

What is the significance of Sir Winston Churchill appearing on the new banknote?

What are the expected impacts of inflation on the value of the new notes?