Finance

Concern over skills funding ahead of Autumn Statement

Concerns have arisen over proposals, expected to be backed by the Chancellor in the Autumn Statment, that could see billions of pounds of ring-fenced skills funding devolved to a single pot.

Funding for Lending users cut borrowing by 1.1bn

Lending decreased by 1.1bn across the six banks that borrowed from the Bank of England (BoE) during the first two months of its Funding for Lending Scheme (FLS).

Kodak secures $830m exit finance facility

Kodak said its lenders were demonstrating increased confidence in the company's future after they boosted its $793m interim and exit finance facility by $37m and established "improved" terms for...

Asset finance firm 'offered inducements' for intros to failing firms

One of the UK's largest independent asset finance providers has been accused of offering incentives for introductions to struggling firms so that it could profit from their collapse.

Veil of secrecy around print's 'secret six' uncovered

The Royal Mail's undercover printers, who anonymously produced thousands of stamps for the Olympics, have been revealed. These are their stories

James Cropper boosts profits despite falling paper sales

Paper manufacturer James Cropper has recorded a double digit increase in its operating profit for the first half of 2012 despite falling sales in its speciality paper business.

Heidelberg posts 57m first half operating loss

Heidelberg has said it is "confident" it will meet its "clearly positive" EBIT target for 2012/13, despite recording an operating loss, excluding special items, of 57m in the first six months.

UPM accuses Metsa of breaching shareholding agreement

UPM is taking legal action against fellow paper manufacturer Metsaliitto Cooporative and its subsidiary Metsa Board, in relation to the jointly-owned Metsa Fibre.

Trinity Mirror reveals positive outlook in the face of hacking allegations

The publisher's interim results reveal a 12% drop in advertising revenue to 94m in the 17 weeks to 28 October 2012 but it said that its end of year operating profits would be in line with the 104.5m...

Alderson creditors owed over 5m following collapse

Unsecured creditors of the five operating companies of Alderson Print Group (APG) were owed a combined 5.1m at the time of their administration, according to the creditors report.