Finance

Filtrona announces 160m Contego Healthcare acquisition
Plastic, foam and fibre products supplier Filtrona has today (19 March) announced its acquisition of Contego Healthcare for £160m.

Osborne expected to push lending scheme
The chancellor George Osborne is expected to revamp the faltering Funding for Lending scheme (FLS) in next week's Budget in a bid to get credit flowing to SMEs.

Apogee directors buy back LMS shares with help of Nigel Wray
Apogee Corporation's directors have bought back private equity firm LMS Capital's shareholding in their managed print services company with the help of newly-appointed non-executive director Nigel...

SME confidence steady despite declining revenues
Although revenues and profits remain challenged UK small businesses overall have reported stronger forecasts for Q1 2013 than for the same period last year, FSB figures show.

Archant suspends shareholder payments in HMRC dispute
Archant has told shareholders that it is to suspend dividend payments in anticipation of a potential £13m HMRC bill.

Metsa sets price rise at 45 per tonne
Metsa Board has finalised its proposed price changes to its uncoated fine papers, with an introduction date set for April.

Lack of awareness and confidence harming SME finance
Over half of SMEs have resorted to personal financing owing to a lack of awareness and confidence in lending options, according to a damning report from market research agency BRDC.

Macfarlane posts 27% pre-tax profit hike
UK packaging firm Macfarlane Group recorded pre-tax profits before exceptional items of 4.9m in the 12 months to 31 December despite a 2% revenue decline.

Printing.com becomes delivery partner for government loan scheme
Printing.com has signed an agreement to help deliver the government-backed Start-Up Loans scheme designed to help young people start a business.

FLS lending drops by a further 2.4bn
Loans from Funding for Lending Scheme (FLS) users decreased by 2.4bn during the last quarter of 2012, despite 9.5bn withdrawals being made during the period.