Finance

Bank lending to SMEs falls in Q1 2014
Data from The Bank of England has shown that lending to small and medium-sized businesses under the Funding for Lending (FLS) scheme has fallen in the first quarter of this year.

Pivotal year ahead for De La Rue as it awaits BoE decision
De La Rue has hit its revised profit target for the full year, with underlying operating profits at the security print giant jumping by 43% to £90.5m – although overcapacity in the worldwide banknote...

Prestige Group and YFYJupiter announce merger
Prestige Group, the UK-based packaging pre-press specialist, has merged with the Creative Business Unit of US-based YFYJupiter to create Jupiter Prestige Group (JPG).

KBA makes progress in Q1
KBA posted a double-digit jump in sales and orders during the first quarter across its business units, and its sheetfed business is back in the black.

Advent Colour sold in pre-pack deal to 'new external investor'
Advent Colour and its parent company Advent Digital Imaging have been acquired by an undisclosed third-party after Advent Colour was placed in administration on 1 May.

Johnston Press announces £360m refinance, Formpress disposal and Sky partnership
Johnston Press has announced a £360m refinance alongside the sale of its Republic of Ireland business and a strategic regional advertising partnership with Sky.

Heidelberg arrests five years of losses in 2013/14 preliminary results
Heidelberg is back in the black for the first time in five years, according to its 2013/14 preliminary results, which record a net profit of €4m (£3.3m) on sales of €2.4bn.

Checkprint extends Nationwide contract for five years
Security printer Checkprint has secured a five-year contract extension to provide building society Nationwide Group branches with chequebooks and credit books.

Service Point UK in administration
Service Point UK has been placed into administration ahead of an anticipated pre-pack sale of the business.

Xaar sales settle down after ceramics spike
First quarter trading at Xaar has returned to the “normal seasonal pattern” after last year’s spike.