Vegetarians outraged after animal products found in new five pound notes

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They contain tallow, a substance rendered from fat.

It only came to light after a Twitter user quizzed the Bank of England on the new note.

The bank confirmed: “There is a trace of tallow in the polymer pellets used in the base substrate of the polymer £5 notes.”

More than 21,000 people have now signed a petition to have the ingredient removed.

One outraged user tweeted: “Gives a whole new meaning to the term ‘blood money’. Horrified to discover this – absolutely appalling!”

Last month it was discovered that some five pound notes could sell on the internet for up to £80,000.

Collectors were willing to pay through the nose to get their hands on notes with the serial code: AK47.