BoE extends contract with De La Rue

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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