Business

More than 150 guests attended the Printing Charity’s 194th Annual Luncheon yesterday where the guest speaker was the Charity’s president and Ofcom chair Michael Grade, Lord Grade of Yarmouth.

UPM Pulp, UPM Timber, UPM Communication Papers, and UPM Biofuels are set to start change negotiations on around 2,200 possible temporary layoffs.

Jeremy Hunt’s Autumn Statement contained a new policy that could have a far-reaching – and positive – impact on parts of the industry.

Jeremy Hunt’s Autumn Statement has been cautiously welcomed by print groups, with several of the chancellor’s 110 announced measures attracting particular praise.

Fastsigns Huddersfield has marked 20 years in business with a management buyout, as director Keven Mitchell steps back from the business.

Ahead of this afternoon’s Autumn Statement, the IPIA said it was looking forward to the announcement of expanded business tax relief by the chancellor.

Workers at PFI Group subsidiary Signmaster have at last gained some clarity and have been told the business is going to administration.

Another PFI Group company has gone into administration, while the trading status of a separate subsidiary is unclear.

The sale process for the Telegraph Media Group and The Spectator magazine has been paused until next month, with the Barclay family racing to take back control of their former publishing assets.

Xerox has entered into a first lien term loan credit agreement for $550m (£439m), following its recent purchase of all of activist investor Carl Icahn's shares in the company.