Finance

Chesapeake Services is to merge with Multi Packaging Solutions (MPS) creating a $1.4bn (£864m) global print-based speciality packaging giant.

Following its fall into administration in August this year, Horner Brothers Print Group has now fully transferred to the ownership of Paragon Group UK.

Following its profit warning issued at the beginning of the month, the German press manufacturer has posted a pre tax loss of €16.3m for the first nine months of 2013 on revenues of €729.9m.

Bradford-based Prospect Mailing Services has been placed in administration six weeks after parent firm Cogent B2B bought rival direct mail business St Ives Direct Bradford for £8m.

Strong revenue growth from Printed.com and sister site Goodprint helped boost parent company Tangent Communications ‘H1 pre-tax profits by almost 50%, the company said.

Polestar appears to have decided on the main location for its new web presses.

UK Gross Domestic Product (GDP) increased by 0.8% in Q3 2012 compared with Q2, according to the preliminary estimate from the Office for National Statistics (ONS).

Late-paying customers have long been the bane of SME business owners, all the more since the credit crunch began in 2007 leading to full-blown financial armageddon in 2008.

Infinity Finishing was one of the lucky ones, but just how lucky only time will tell. The business started in mid October, but unlike many would-be start-ups, this one was made possible with a loan...