Finance

Heidelberg to cut jobs and kit portfolio amid "painful changes"
Heidelberg has begun to implement a wide-ranging “action package” to restore profitability that will see up to 2,000 jobs lost and the end of production for Primefire and very large format (VLF)...

Call for pledges to help bring Birmingham legacy bible back home
A consortium of Birmingham-based heritage organisations is calling for pledges to help it bid for local industrialist Matthew Boulton’s Baskerville family bible.

Coronavirus response dominates new Budget, print sector reacts
Print sector figures have tentatively welcomed measures in the new Chancellor’s first Budget as policy was largely geared towards responding to the coronavirus outbreak.

Two more manufacturers up paper prices
Paper manufacturers Burgo Group and Lecta are the latest to confirm price rises for their products in the European market.

The small matter of fraud
According to PwC’s 2018 Global Economic Crime and Fraud Survey, only 49% of global organisations said they’ve been a victim of fraud and economic crime. While some might question the percentage...

Scoring a line (of credit)
Bread, dough, moolah, dollar, cash – call it what you want – we all have a need and use for it. While the physical is clearly giving way to the digital, money as a medium of exchange, in whatever...

Exclusive: Anton directors evaded tax 'to help ailing company'
Five former directors of Anton Group sentenced on fraud charges worth £3.1m were “not motivated by greed”, according to the judge’s closing statement at the sentencing attended by Printweek on Friday.

HP voices concerns over Xerox full-year results
HP has called Xerox “a company of questionable value” after the business, which continues to pursue a hostile takeover of HP, reported a 6.2% revenue drop for 2019 and a 2.2% decline in Q4.

Emtone ceases trading
Specialist litho printer Emtone has gone into voluntary liquidation.

CPG administration confirmed
Tonbridge-based printer CPG Brand Communications, which is registered as Colour Print Ltd, has fallen into administration this week, it has been confirmed.