Finance

Presstek cuts 70 positions in global restructure

Less than six months after it was acquired by private equity firm American Industrial Partners (AIP), Presstek is going through a restructuring that includes a number of redundancies.

DMG Media hit by falling print revenues

Falling print revenues at the Daily Mail and General Trust (DMGT) have dragged the publisher's media division into negative growth, according to its latest trading update.

Osborne backs business but faltering growth needs action

While the coalition's efforts to tackle the tricky subject of welfare reform have been filling column inches ever since last month's Budget, the lack of significant debate on the more important task...

Funding for Lending scheme beginning to reach printers

Printers are beginning to benefit from the Funding for Lending scheme (FLS), the much-criticised government initiative to ease the flow of credit to cash-starved SMEs.

Finishing equipment supplier goes limited after 34 years

A Cambridgeshire finishing equipment supplier celebrated 34 years in business on Saturday by becoming a limited company.

Redpack hosts £3m Anglia business fund launch

Norfolk-based flow-wrapping and packaging machine manufacturer Redpack hosted the launch of a government-backed £3m Business Growth Fund, at its Norwich facility yesterday.

FSB warns that businesses will buckle with energy hikes

Federation of Small Business has said that Government climate change policies are failing to protect businesses from spiralling energy costs.

Revenues decline but profits steady for Robinson

UK packaging group Robinson recorded a 2% drop in revenues to 21.2m (2011: 21.5m) in the 12 months to 31 December while pre-tax profits grew marginally.

Agfa CTP and Heidelberg install round off Ormside investments

Surrey-based commercial printer Ormside Press will upgrade its CTP and workflow systems next month following the install in January of a Heidelberg CD102 B1 five-colour press, plus coater.

BIS outlines Business Bank strategy

The government has outlined its plan to boost SME lending via the state-owned Business Bank, which will become the vehicle through which all government finance initiatives are administered.