Bank Of England Governor Mark Carney News Conference On Polymer Banknotes

Victoria Cleland, head of notes division of the Bank of England, arranges a concept design for the new Bank of England five pound polymer banknote, featuring war-time Prime Minister Winston Churchill, ahead of a news conference to announce the results of a public consultation into the use of polymer bank notes, at the central bank in London, U.K., on Wednesday, Dec. 18, 2013. The U.K. will start printing banknotes on plastic instead of cotton paper in 2016 given "overwhelmingly supportive" public backing for the switch, the Bank of England said today. Photographer: Chris Ratcliffe/Bloomberg via Getty Images