De La Rue Rues Loss of U.K. Passport Contract But Won't Appeal
De La Rue Plc, the 200-year-old company that prints British passports, said it won’t appeal the U.K. government’s decision to award a contract post-Brexit to a Franco-Dutch rival. Having considered “all of the legal and commercial implications,” an appeal is not in the best interests of the company, De La Rue said in a statement Wednesday. The prospect of U.K. identification documents being produced by Gemalto NV -- a Dutch-listed firm with operations in France -- has drawn sharp criticism from supporters of Britain’s decision to leave the European Union and derision from the tabloid press.