Finance

Industry reacts: Spring Budget 2023 and full expensing scheme
Chancellor Jeremy Hunt’s first full budget has been welcomed by British print associations as a positive step toward revitalising the UK economy, but not everyone in the industry is impressed.

Silicon Valley Bank situation rapidly resolved
Moonpig has moved to reassure investors and the City that its connection to Silicon Valley Bank will not cause the group any problems.

RRD sells Canadian operations to DCM
Chicago-based global print and packaging company RR Donnelley has announced the sale of its Canadian operations to Data Communications Management (DCM), a document management and commercial print...

Alarm bells sound for UK business, but end to crisis in sight
The UK has seen a surge in the number of businesses counted as in critical or significant financial distress, as energy bills, Covid loan repayments, and inflation bite.

De La Rue shares drop after Kenya and India announcement
Shares in currency printer De La Rue have fallen by over 5% today (20 January) after it released a statement announcing a suspension of banknote printing in Kenya and its implication in an...

CarbonQuota receives institutional investment
Funds associated with private equity investment firm Codex Capital Partners have signed a binding agreement to invest in carbon advisory specialist CarbonQuota.

Compass Business Finance joins fraud prevention scheme
Compass Business Finance has joined Cifas, one of the UK’s largest fraud prevention services.

Mail mess top and tails an eventful December
While the ongoing impact of the Royal Mail strikes is the bread in the December’s listicle sandwich, the filling in last month’s ranking of our most read stories also featured M&A deals, the decline...

Stora Enso seeks buyer for Chinese board production site
Stora Enso has announced its intention to sell its consumer board production site in Beihai, China.

Number of specialised print workers plummets
The number of skilled tradespeople working in print plummeted by 73% between 2006 and 2021, with the impact of the pandemic yet to be fully revealed.