Central Banking

De La Rue plans factory closure in UK

Bank note printer De La Rue plans to sell two of its UK factories after demand for UK personal cheques, export stamps and coin bags all slumped. A spokesman said: "It's hard to predict how long cheques will survive, but the reality is that most people prefer using plastic."

Source: The Scotsman

Bank note printer De La Rue yesterday sounded what could be the death knell for cheque payments, as it closed two factories with the loss of about 200 jobs.

The company said it was shutting its Surrey

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