Finance

Osborne kick-starts election campaign in Autumn Statement

Yesterday's Autumn Statement saw the chancellor, George Osborne, set out the Conservative party's stall for next May's general election.

Government announces nearly £1bn support for SMEs

The government has unveiled a nearly £1bn package of support for SMEs ahead of today's Autumn Statement, including £500m of new bank lending under the Enterprise Finance Guarantee (EFG) Scheme.

Former Wace boss acquires Advent Digital Imaging

Thames Group has bought Advent Digital Imaging and DMA Print, which both trade as Advent Print Group.

Royal Mail warns on 'unfettered' competition

Marketing mail revenues are up by 5% at Royal Mail, while its parcels business is being revamped with new options in the face of stiff competition and the adverse affects of Amazon’s own delivery...

HPM & Addo sold in pre-pack admin deal to director

HPM & Addo has fallen into administration and is understood to have been sold to one of its directors, Keiran Bayley, in a pre-pack deal.

First profit for 'new' Kodak

“Solid growth” in its printing plates and CTP business has helped propel Kodak to its first profit since emerging from Chapter 11 bankruptcy protection, although the results were also boosted by a...

Friendlier finance climate opens up digital potential

Finance for investment – or rather, the lack of it – has been a bit of a problem for printing businesses over the past few years, as lenders tightened their purse strings in the aftermath of the...

UK Competition authority clears O2O takeover

The acquisition of Office2Office (O2O) by Evo Business Supplies, a new company set up by UK private equity investor Endless for the purpose of acquiring O2O, has been cleared by the UK Competition and...

Has Creditsafe put printers’ ratings at risk?

During the past month, a quiet crisis has been spreading across the print industry, sparked over the August bank holiday weekend by an upgrade to corporate credit report provider Creditsafe’s ratings...

Editor’s comment: Credit rate crashes put printers in A&E

If cash is the lifeblood of a business, then its credit rating could probably be best described as the heart monitor. And if your business’s ECG read-out flatlines, then it can be disconcerting to say...