De La Rue extends its contract with the Bank of England

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De La Rue extends its contract with the Bank of England as it prepares to release the Alan Turing £50 note

By Daily Mail City & Finance Reporter

Published: | Updated:

De La Rue has extended its contract with the Bank of England as it prepares to release the Alan Turing £50 note next year. 

The Basingstoke-based bank-note maker will maintain its exclusive right to print Bank of England notes, and operate the Bank’s printing facility in Essex, until 2028. 

Cashing in: De La Rue will maintain its exclusive right to print Bank of England notes

The contract had been due to expire in 2025, but will stretch on for at least another three years. 

Turing was a mathematician who worked as a codebreaker during the Second World War. 

Despite playing a vital role in cracking German codes, he was persecuted, and prosecuted, for his homosexuality in the fifties. 

The Queen pardoned him in 2013.

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