World’s largest printer of money is running out of cash

PressBee - Russia Today :


The company that prints the UK’s banknotes and currency for 140 other countries has issued a warning of possible collapse, saying there is “significant doubt” about its future.
The 198-year-old De La Rue has printed banknotes for the Bank of England since 1860. It is the largest commercial printer in the world, producing about a third of the world’s banknotes through contracts with 140 central banks. The firm has designed 36 percent of all banknote denominations in circulation, according to investment research company Edison Group.
De La Rue has been struggling over the last two years since losing the £400 million ($525 million) UK pas

World’s largest printer of money is running out of cash