Finance
Former Polestar execs reunited at new venture
Two high-profile former Polestar directors have come together again with a new investment venture.
Sale and HP back option now part of CBILS
The government-backed CBILS finance scheme now includes a ‘sale and HP back’ option to release working capital that could have appeal for some print businesses.
Printers mothball ops, flag potential to repurpose capacity
Some printers have begun shuttering their operations due to the virus crisis, with work being diverted to trade print specialists and the potential for some under-utilised kit to be used for in-demand...
Compass ready with new government-backed finance
New government-backed finance packages to help SME printers survive the virus crisis are now available through Compass Business Finance.
Print boss makes pay pledge amid virus chaos
John Brailsford, managing director of the eponymous Yorkshire printing business, has pledged to keep paying the firm’s staff during the coronavirus crisis.
CWU offers emergency services as strike action approved
Members of the Communication Workers Union (CWU) within Royal Mail have voted resoundingly in favour of strike action, but offered to convert to an additional "emergency service" in light of the...
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.