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Adare SEC CEO leaves business

Adare SEC has parted company with its chief executive in the latest high-level departure at the business.

De La Rue wins Swedish krona contract

De La Rue has won a three-year contract to produce currency for the Swedish central bank, Sveriges Riksbank.

De La Rue designs Mandela centenary notes

South Africa’s Reserve Bank (SARB) has issued its first-ever set of commemorative banknotes to mark the birth centenary of Nelson Mandela.

De La Rue accentuates the positives

Underlying sales and profits are up at De La Rue, but the group’s results were overshadowed by the ongoing fall-out over the UK passport contract loss, which has resulted in one investor viewing the group as again being a potential takeover target.

De La Rue cans plans to challenge passport deal

The saga over the future production of UK passports has taken another dramatic twist - De Le Rue has abandoned plans to pursue a legal challenge against the Home Office’s controversial decision to favour a low-cost continental supplier.

De La Rue will appeal passport contract loss

De La Rue has confirmed that it will mount a legal challenge against the Home Office’s decision to award the huge UK passport tender to a continental rival, and union Unite said it will “strongly support” the action.

De La Rue chief questions viability of Gemalto pricing

Petitions calling for a government re-think on the UK passport contract have now reached more than 175,000 signatures, while De La Rue chief executive Martin Sutherland has questioned the viability of preferred bidder Gemalto’s pricing.

Campaign launched to keep passport production in the UK

Unite the union has teamed up with the Daily Mirror newspaper to launch its campaign calling for the production of UK passports to remain in the UK.

Calls for Home Office to reverse 'outrageous' passport decision

A huge row has erupted after news that the £490m UK passport contract has been awarded to Franco-Dutch firm Gemalto was leaked to the media – prior to any official announcement from the Home Office – with incumbent supplier De La Rue vowing to appeal and Unite mobilising a campaign to reverse the decision.

De La Rue shares fall as CFO quits

De La Rue’s chief financial officer is leaving the business, as the group’s share price fell by nearly 20% after it said upcoming results would be at the lower end of City expectations – and there is still no news on the crucial tender for UK passports.

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