News

Policy change: "Some print managers are going to have to change the way they work"
Conditions will apply from April 2024

Chancellor acts to improve payment terms at public sector suppliers

Jeremy Hunt’s Autumn Statement contained a new policy that could have a far-reaching – and positive – impact on parts of the industry.

Measures cautiously welcomed

Autumn Statement: industry reacts

Jeremy Hunt’s Autumn Statement has been cautiously welcomed by print groups, with several of the chancellor’s 110 announced measures attracting particular praise.

(L-R) Peter Smith, Paul Treanor, Neil Macray and Ian Bates
New Canon kit due

Statex eyes growth with major investment following MBO

Statex is continuing a programme of investment worth around £800,000 so far which included a management buyout (MBO) around a year ago and new kit and other improvements since as it looks to further...

(L-R) Jorge Nogueira from Meevo, Simon McKenzie from Hollywood Monster and Pedro Dantas from Meevo
Device incorporates 4.0 functionality

Hollywood Monster takes on new SEAS system

Hollywood Monster has taken on a new Silicone Edge Automated Stitching (SEAS) machine from Meevo to enhance its productivity and quality.

Macfarlane has financed the deal entirely from its existing £35m bank facility
Organic growth continuing

Macfarlane Group full-year profits in line with expectations

Macfarlane Group is expecting its adjusted pre-tax profit for 2023 to be ahead of last year and in line with its full-year expectations.

Meehan (L) and Latham (R) are excited to get working
Steady growth planned

Safe handover at Fastsigns Huddersfield

Fastsigns Huddersfield has marked 20 years in business with a management buyout, as director Keven Mitchell steps back from the business.

Christmas Eve premium delivery option for business customers

Royal Mail: last posting dates and TikTok deal

Royal Mail has issued last posting dates for Christmas that should allow time for much more last minute business than last year.

Rogers: "The IPIA has consistently engaged with government on multiple levels this year"
Autumn Statement this afternoon

IPIA urges chancellor to heed calls for business support

Ahead of this afternoon’s Autumn Statement, the IPIA said it was looking forward to the announcement of expanded business tax relief by the chancellor.

FRP Advisory appointed

PFI Group forced to act over Signmaster

Workers at PFI Group subsidiary Signmaster have at last gained some clarity and have been told the business is going to administration.

Wages not paid for four weeks

Workers left in limbo at PFI subsidiary

Another PFI Group company has gone into administration, while the trading status of a separate subsidiary is unclear.

Barclay family could pay £1bn-plus to Lloyds

Drama as Telegraph sale process is paused

The sale process for the Telegraph Media Group and The Spectator magazine has been paused until next month, with the Barclay family racing to take back control of their former publishing assets.

The new Kudu was chosen for its excellent print quality
New machine joins Inca and EFI kit

Linney installs SwissQ Kudu, eyes up another

Linney has installed a brand-new 3.2m SwissQprint Kudu at its Mansfield plant as part of a rolling strategy of “patient capital” investment.

Xerox’s share price was up by 5.07% yesterday
Share price closed at $13.62 yesterday

Xerox enters agreement for $550m credit facility

Xerox has entered into a first lien term loan credit agreement for $550m (£439m), following its recent purchase of all of activist investor Carl Icahn's shares in the company.

Seamless transition is promised

Service Graphics buys Cestrian Imaging

Service Graphics has snapped up the trade and assets of Cestrian Imaging, which had been part of the troubled PFI Group.

£3m-plus spend

Rapidity revamps London premises and production firepower

Rapidity has completed a major revamp and reinvestment programme at its London premises that has boosted its eco credentials and allowed the firm to optimise its production setup.