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The Business Magazine July 2024
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Basingstoke’s De La Rue to manufacture upcoming King Charles III banknotes

The Business Magazine article image for: Basingstoke’s De La Rue to manufacture upcoming King Charles III banknotes
26 February 2024

Having been the sole manufacturer of Sterling banknotes for over twenty years, Hampshire-based De La Rue has worked closely with the Bank of England to introduce new designs featuring King Charles III.

Starting from 5th June 2024, the new polymer banknotes will co-circulate alongside those featuring the late Queen Elizabeth II, which will remain legal tender.

As before, the notes are to be printed on De La Rue’s durable SAFEGUARD polymer substrate.

And while they’ll still feature the likenesses of Winston Churchill, Jane Austen, JMW Turner and Alan Turing, these figures will be joined by His Majesty on the front and in the see-through security window of each note.

A series of charity auctions will be held over the summer at Spink & Son of low-serial numbered notes, with proceeds going towards charity.

Headquartered in Basingstoke but with global operations, De La Rue has also issued new banknote designs recently in Samoa, Macao and the UAE.

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Born and raised in Berkshire, Dan fell into journalism after completing his bachelor’s degree in English at UCL.

Writing for The Business Magazine and local Biz News sites has given him the opportunity to chat with all manner of small business owners and share their success stories with a wider audience.

Outside of work, Dan enjoys live music, board games and quiz shows, and is making a slow but persistent effort to learn Spanish.

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