Finance

Royal Mail privatisation kicks off ahead of CWU strike ballot

Royal Mail kicked off its initial public offering (IPO) today just as the CWU was sending out ballot papers to postal workers for strike action opposing the privatisation.

UK Print sceptical of Miliband's business rate plans

Ed Miliband will announce plans to freeze small business rates for two years, from April 2015 to April 2017, in his keynote speech at the Labour Party conference this afternoon.

Ex Cromwell Press director sentenced

Former Cromwell Press director Andrew Hemmings was fined 1,000 at Swindon Crown Court last week (19 September) after admitting fraud.

BoE launches polymer banknote consultation

The Bank of England (BoE) has launched a two-month public consultation on plans to switch its banknotes to polymer from 2016 at the earliest.

Accounting burdens cut for UK micros

UK micro-businesses will no longer have to undertake the same depth of accounts reporting as other businesses after new measures gained approval.

Guardian Print Centres in consultation

Guardian News and Media (GNM) is in consultation with staff at its two print facilities after the company announced a proposed restructure.

Xeikon profits up

Digital press manufacturer Xeikon has cited an improved product mix and strict cost management measures for strong profit growth in the six months to 30 June 2013.

Kodak reorganisation gets go-ahead

Kodak is set to emerge from Chapter 11 on 3 September after the US Bankruptcy Court approved its reorganisation plan.

Heidelberg remains confident for positive result in 2013

Heidelberg has cited sustained savings from its Focus 2012 restructuring programme for "significantly improved" operating results in Q1 of 2013/2014.

Veritek in 11m MBO

Directors of Eastbourne-based technical services supplier Veritek Global have led a management buyout of the business after securing a combined debt and equity funding package.