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Posts tagged to Company Profile

Polymer notes announced for UK arrival in 2016. De La Rue to capitalize?

MarketLine

The Bank of England announced on 18th December 2013 that they are planning to change the UK’s paper £5 and £10 bank notes to plastic, polymer bank notes in 2016 and 2017, respectively. The Bank of England took to shopping centers nationwide to gauge public interest on the change to polymer notes. Out of the 13,000 people who participated in the consultation, 87% of respondents were in favor of the change, 6% opposed it and 7% were neutral. There have been a few issues raised by the public, such as… Read more

Global air passenger numbers to double in 20 years

MarketLine

Airbus, the European plane manufacturer, predicts that air passenger numbers will more than double globally over the next 20 years from 2.9 billion to 6.7 billion in 2032. The France-based manufacturer attributes this growth to a bigger global middle class, urbanization, migration and tourism. Airbus also predicts that 29,220 new aircraft will be needed over the next 20 years, in order to meet this increased traffic. About 10,400 planes of the total number will be necessary just to renew existing fleets. Overall, new orders for aircraft would amount to $4.4tn…. Read more

Serco: A relatively unknown billion pound company

MarketLine

The UK based service company Serco, is a large services business entity that in popular UK media is a relatively low key and unknown business. Despite this the company is one of the key contractors in the UK and is widespread internationally. In 2012 the company turned over £4.9bn (approximately $7.4bn), with net income of £245.3m (approximately $374.2m) which is clear evidence of its scale and scope. Serco has an incredibly diverse business profile, but its key business area is providing governments with private sector contractor options, outsourcing essentially. The… Read more