Finance
Government pledges action on late invoice payments
The government has pledged to tackle a culture of late payment in the UK as part of its Prompt Payment & Cash Flow Review, due for publication later in 2023.
Print worker numbers shrink 15% globally since 2018
The number of people employed by the print industry worldwide has shrunk by 14.8% since 2018, according to the latest figures from business intelligence service Smithers.
New finance deal at Lecta to propel transformation
Lecta is planning to refinance in a move that will enable the business to fund its transition plans towards specialty papers.
National World gathers allies for £600m Telegraph bid
Regional news publisher National World has stepped up its efforts to become the next owner of The Telegraph Media Group (TMG).
Compass appoints new head of credit amid significant growth
Compass Business Finance has made a new senior appointment in order to steer the company toward its future growth targets.
DSS puts R&D tax credits to use
Designs Signage Solutions (DSS) has put £100,000 in research and development tax relief to work in developing 3D scanning and augmented reality software for its livery services.
Advertising spend flatlines in Q1 2023
A plateau in advertising spend in the UK has seen the industry’s income take a real-terms fall in the first quarter of 2023.
New financing in place at IG Design Group
IG Design Group has agreed new three-year financing facilities with HSBC and NatWest.
Crystal Amber calls to replace De La Rue chair
Activist investor Crystal Amber Fund has called for the removal of De La Rue’s chairman and for a new director to be appointed chairman.
Nomoq eyes up UK for digital can expansion
Swiss digital can printing start-up Nomoq will open a third European site in the UK, following its expansion into Germany in 2022.