Finance

Prospect acquired by St Ives Direct Bradford
Prospect Mailing Services has been acquired for £400,000 by sister company St Ives Direct Bradford, recently renamed as Global Media Production.

Will NIC reforms live up to the hype?
The government says 1.25m businesses and charities will see their National Insurance contributions (NICs) cut by up to £2,000 each when the new Employment Allowance is introduced next year. Business...

Henry Mills ceases trading after 157 years
Birmingham bookbinders and print finishing firm Henry Mills closed its doors on Friday (22 November) after 157 years of trading.

EFG offered to more small businesses, government claims
Lending through the Enterprise Finance Guarantee scheme (EFG) reached its highest level since 2010 in Q3 2013, new figures show.

Chesapeake and MPS in merger deal
Chesapeake Services is to merge with Multi Packaging Solutions (MPS) creating a $1.4bn (£864m) global print-based speciality packaging giant.

Paragon completes £255,000 purchase of Horner Brothers
Following its fall into administration in August this year, Horner Brothers Print Group has now fully transferred to the ownership of Paragon Group UK.

KBA sales down 20% after Q3 2013
Following its profit warning issued at the beginning of the month, the German press manufacturer has posted a pre tax loss of €16.3m for the first nine months of 2013 on revenues of €729.9m.

Prospect Mailing Services in administration
Bradford-based Prospect Mailing Services has been placed in administration six weeks after parent firm Cogent B2B bought rival direct mail business St Ives Direct Bradford for £8m.

Tangent profits boosted by strong growth from Printed.com
Strong revenue growth from Printed.com and sister site Goodprint helped boost parent company Tangent Communications ‘H1 pre-tax profits by almost 50%, the company said.
Top 500 key takeaway
Jo Francis has had an epiphany after studying lots and lots of printing company results.