A Gateshead MP has called on the government to support workers in the region after De La Rue announced 260 jobs at its Team Valley site are at risk.
Earlier this month, the firm said it is to end banknote printing at its Gateshead plant.
Speaking in parliament yesterday, Liz Twist, Labour MP for Blaydon, said: "I want to know what the government is going to do to ensure jobs like these are retained in the North East.
"We simply cannot afford to lose them. These highly skilled, well-paid jobs will help stimulate our regional economy."
The Secretary of State for Business, Alok Sharma, said he was disappointed by the firm's move and added the government will support workers in the North East.