Finance
Nipson UK parent continues debt negotiations to avert CVA
Digital press manufacturer Nispon Digital Printing Systems (NDPS) has said that it will have to consider a Company Voluntary Agreement (CVA) if it cannot negotiate a long-term solution to its...
Cost of finance to fall as interest rates predicted to stay low
Interest rates could stay at 0.5% until 2011 and not reach 2% until 2014, an influential think tank has forecast.
Simpson Group signs 3m invoice discounting deal
Point-of-purchase retailer Simpson Group has secured a 3m invoice discounting facility that it said will help the company capitalise on the anticipated growth in the sector
Talks continue with Nipson creditors over repayment demand
Embattled digital print manufacturer Nipson Digital Printing Systems (NDPS) is locked in negotiations with lenders over the repayment of a 2m euro (1.9m) as it attempts to avert possible insolvency.
Yell to raise 500m in debt restructure
Yellow Pages publisher Yell is to raise 500m through a rights issue as it attempts to renegotiate a portion of its 4bn debt mountain.
CBI forecasts return to growth in 2010
The UK economy will experience "modest growth" in the second half of 2009, the CBI has forecast, revising its more pessimistic predictions set in June.
ViP event aims to save 'average' printer 460k
Vision in Print (ViP) is to hold two more 'Cash and Cost Reduction' seminars next month, following the success of the first events earlier this year.
Johnston Press ends going concern uncertainty with debt refinance
Newspaper publisher Johnston Press has successfully renegotiated its finance facilities just days before it was due to have its covenants tested.
GDP contraction stalls but economists warn of long recovery
UK GDP contracted by less than expected in the second quarter of the year building on hopes that the worst may be over for the UK economy.
Rates rise 'will bankrupt tens of thousands of businesses'
Tens of thousands of small firms could go out of business following tax increases, the Conservative Party has warned.