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      Markets should accept cheap money isn’t coming back

      Sheets of newly printed US one-dollar bills moving along a printing press production line.

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banknotes

  • The Debate: Should we put rats on our banknotes?

    Opinion

    Churchill's been ditched from UK banknotes. Is the rat a worthy successor? We hear the case for and against in this week's Debate.

    Close-up of a rat exploring urban surroundings, highlighting the rise of rodent populations in city environments.
  • Stonehenge and glitter: Inside the Bank of England’s new banknote consultation

    Banking

    The Bank of England first began issuing banknotes in 1694, and today there are 4.7bn sterling banknotes in circulation, worth a combined total of £86bn. And while the use of cash as a method of payment has dropped from around one in two transactions to one in four over the past decade, cash remains a [...]

    King Charles banknotes issued in 2024. Picture credit: Bank of England
  • De La Rue shares surge as £263m takeover confirmed

    Business

    Banknote printer De La Rue has agreed to a binding offer to be taken over for £263m, sending its share price shooting up 17 per cent. The 211 year-old currency printer’s board is backing a 130p a share offer from US private equity giant Atlas Holdings, compared to the 110p price it closed at yesterday. [...]

    Bundles of new polymer British 20-pound banknotes sit in a basket. De La Rue supplies the Bank of England. Photographer: Jason Alden/Bloomberg via Getty Images
  • De La Rue: Banknote printer agrees to £300m breakup

    October 15, 2024

    Bank of England banknote printer De La Rue has agreed to sell an arm of its business to an American firm for £300m. The London-listed company announced this morning that it had entered into a definitive agreement for the sale of the group’s authentication arm to Crane NXT, a New York-listed industrial technology company. When [...]

  • The Notebook: How I (almost) managed to get the 1p coin scrapped

    September 2, 2024

    Former Treasury comms chief James Chapman reminisces on the time he (almost) managed to scrap the penny - and why we should persist now.

  • Cash is King: New banknotes of King Charles III enter circulation, but it may be a while before you see one

    June 5, 2024

    Banknotes carrying a portrait of King Charles III will be issued for the first time, but with a move towards a cashless society, it may be some time before you see the note in person

  • De La Rue: Struggling British banknote maker reassures market it’s on track to hit profit target

    April 17, 2024

    Last year, the company informed markets that demand for banknotes had slumped to the lowest level in 20 years.

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