Finance
Koenig & Bauer gains headroom with new loan
Koenig & Bauer has applied for a German government backed KfW loan to help it ride out the coronavirus crisis.
Sunak's summer splurge: reaction
There has been a mixed reaction to chancellor Rishi Sunak’s £30bn package of additional measures intended to stave off a spike in unemployment, boost training and provide a fillip to the hospitality...
CMYUK opens CBILS loans for capex
Wide-format kit reseller CMYUK has secured a partnership that enables printers to access the Coronavirus Business Interruption Loan Scheme (CBILS) to fund kit investments to reorientate their business...
Kent printcos secure CBILS support
Two Kent-based printing companies have become the latest industry firms to benefit from the government’s Coronavirus Business Interruption Loan Scheme (CBILS).
CLBILS loan upped, but new restrictions come in
The government’s coronavirus loan scheme for large businesses has been increased from a maximum of £50m to £200m, but a raft of new restrictions have also been introduced around dividends, bonuses and...
Cautious welcome for new trade credit guarantee scheme
The latest government support scheme could provide further crucial support for the printing industry, following reports of widespread cuts to credit cover.
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.