A new contract has confirmed sterling banknotes will carry on being printed in Epping Forest for the next 10 years.

De La Rue, the world’s largest commercial banknote printer, today announced that the contract will see the notes printed at the Bank of England facility in Langston Road, Debden, until 2025.

On September 8, the Bank announced that De La Rue, who have printed the banknotes in Debden since 2003, had been identified as the ‘preferred bidder’ for the banknote printing contract, which was finalised today.

De La Rue Chairman Philip Rogerson said: “We are delighted with the Bank of England’s decision to award this prestigious and important contract to De La Rue, following a rigorous selection procedure.

"We are looking forward to continuing our successful working relationship with the Bank over the next 10 years.”