Finance
Will business as usual return when the lockdown is lifted?
Industry leaders give their views on the impact of the virus and life after lockdown.
Komori downgrades forecasts, makes huge writedown
Komori has posted a massive impairment loss due to the fallout from the Covid-19 pandemic and has revised its expected results for the financial year just ended – with top management taking pay cuts...
Compass adds fast-track CBILS loans
Compass Business Finance is now offering capital- and interest-free loans of up to £250,000 via the government’s CIBLS scheme.
CBILS success for Dean Packaging
SME packaging firm Dean Packaging has secured CBILS funding via Santander UK to help the business ride out Covid-19 disruption.
Former Polestar execs reunited at new venture
Two high-profile former Polestar directors have come together again with a new investment venture.
Sale and HP back option now part of CBILS
The government-backed CBILS finance scheme now includes a ‘sale and HP back’ option to release working capital that could have appeal for some print businesses.
Printers mothball ops, flag potential to repurpose capacity
Some printers have begun shuttering their operations due to the virus crisis, with work being diverted to trade print specialists and the potential for some under-utilised kit to be used for in-demand...
Compass ready with new government-backed finance
New government-backed finance packages to help SME printers survive the virus crisis are now available through Compass Business Finance.
Print boss makes pay pledge amid virus chaos
John Brailsford, managing director of the eponymous Yorkshire printing business, has pledged to keep paying the firm’s staff during the coronavirus crisis.
CWU offers emergency services as strike action approved
Members of the Communication Workers Union (CWU) within Royal Mail have voted resoundingly in favour of strike action, but offered to convert to an additional "emergency service" in light of the...