Finance

L-R: Scott Hughes (DBW), Jonathan Wright (RLS), and Joanna Thomas (DBW)

Change of ownership for Reel Label Solutions

Welsh label printer Reel Label Solutions' sales director Jonathan Wright has taken a majority stake in the business, as part of a deal worth £1.2m.

Nelson: Charter reaffirms the commitment we have to our customers

Compass makes SME finance pledge

Compass Business Finance has signed up to the new SME Finance Charter, which involves a number of pledges.

Some printers have seen their paper costs rise by up to 70%, according to Paul Manning

Inflation: printers “hammered from all directions”

Printers have reported price increases well beyond headline figures, as consumer inflation rises to its highest point in 40 years.

CBILS was part of the government's pandemic business support measures

Company financial distress levels rise

There was a 19% increase in the number of companies in critical financial distress in the first quarter of 2022, according to new research.

Soaring gas prices have seen firms' electricity bills jump by three to four times

Industry reacts to energy crisis

Soaring energy prices have seen yet another increase in overhead costs for printers, but for those whose contracts are coming to an end, the leap in prices has been enormous.

Charlesworth employs 54 staff at its Wakefield site

Charlesworth speaks out on electricity bill hike

Soaring energy prices have seen digital and litho printer Charlesworth’s annual electricity bill shoot up from £132,000 to a projected figure of over £500,000.

Compass team: David Bunker, Mark Nelson, Jamie Nelson

Compass gains further £15m to support SME investment

Compass Business Finance has secured an additional £15m in funding from the British Business Bank to help SME firms invest in new equipment to take their businesses forward.

Team ITG: "another brilliant milestone"

Bridgepoint returns as latest ITG backer

Bridgepoint Capital has returned for another bite of the Inspired Thinking Group cherry, taking a majority stake in the marketing services business for a second time.

Certification bodies have taken action over the invasion of Ukraine. Image: FSC

FSC and PEFC ban Russian and Belarusian wood

FSC and PEFC have barred wood and timber from Russia and Belarus from their certified products, as a host of other industry suppliers go public with their stance against Russia’s war in Ukraine.

An international affair

Margins in print can be slender. Looking at the most recent Printweek Top 500 report, compiled in association with business advisory and accountancy firm Grant Thornton, the average industry operating...