BoE extends contract with De La Rue

UK printer will help central bank continue to develop printing site as world leader

New Ten Pound note
Rachael King

The Bank of England has extended its banknote printing contact with UK-based firm De La Rue for an additional three years, to 2028.

In a statement, the central bank announced the extension had been approved by its court of directors. The original 10-year contract was agreed in 2015, with an option of a three-year extension built in.

“During the course of the current contract, we have worked closely together to launch three new banknote designs on polymer,” says BoE chief cashier Sarah John.

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