The ultimate irony in the Brexit farce has come to light as 170 jobs are to be lost at the Gateshead facility that has lost out on the UK passports contract, as they are now to be produced in Poland by a French/Dutch company.
As well as the redundancies, the Chief Executive and the company Chairman are also due to step down amidst the loss of the key government contract.
The iconic blue passport is due to replace the current version soon after the UK leaves the European Union. The contract for this replacement was won by French/Dutch firm Gemalto, leading to a shortfall of £490m for De La Rue, based in Gateshead.
Questions are also being asked as to whether the move may also lead to a security issue as most countries produce their passports on home soil.