Finance

Polestar: print group collapsed four years ago

Former Polestar execs reunited at new venture

Two high-profile former Polestar directors have come together again with a new investment venture.

Compass: happy to help businesses explore CBILS options

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.

Craftprint decked its premises in supportive posters before its temporary closure

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...

Bunker: scheme can quickly deliver liquidity to SMEs at time of need

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.

John Brailsford Printers: trying to create a trend of positivity

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.

The CWU proposed members could become an "emergency service"

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...

Hundsdörfer: "Innovation will continue and Heidelberg is not turning away from digital printing"

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)...

The Baskerville bible is admired for the quality of its binding. Image: Sean Griffiths, ICE Productions, Birmingham

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.

Rishi Sunak announced his first Budget as Chancellor of the Exchequer on 11 March

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.

Prices at both companies will rise in April

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.