Finance

UPM accuses Metsa of breaching shareholding agreement

UPM is taking legal action against fellow paper manufacturer Metsaliitto Cooporative and its subsidiary Metsa Board, in relation to the jointly-owned Metsa Fibre.

Trinity Mirror reveals positive outlook in the face of hacking allegations

The publisher's interim results reveal a 12% drop in advertising revenue to 94m in the 17 weeks to 28 October 2012 but it said that its end of year operating profits would be in line with the 104.5m...

NGOs urge Asia Pulp and Paper boycott

An open letter signed by 60 non-government organisations (NGOs) has been sent to investors in Asia Pulp and Paper (APP) urging them not to back the controversial Indonesian company.

UK SMEs rocked as ING Lease drops asset finance

The last major mid-market funder to the print industry, ING Lease, has announced its decision to pull out of UK asset finance from 30 November.

Costs scupper the Christmas cracker

The soaring level of investment needed to operate in the short-term seasonal markets means that the sector is now only open to the very biggest of players

Government announces 7m for 3D print research

The Government is to offer grants from a 7m pot for collaborative R&D projects aimed at developing technologies for additive manufacturing.

Zombie businesses threaten UK recovery

The economic recovery is being held back by zombie SMEs, a UK insolvency firm has warned.

Invoice financing a 'last resort' for SME borrowers

Nearly three quarters of SMEs are still unaware of the benefits of invoice finance (IF), according to a new survey.

Kodak publishes 2013-15 cashflow forecast

Kodak has forecast a total operating cash flow of $33m (20m) on revenue of $1.2bn for the first six months of 2013, although its US operation is forecast to lose $110m in the same period.

Business trust in banks declining

Half of UK businesses responding to a new poll carried out by the British Chambers of Commerce (BCC) said that they did not trust banks or building societies.

HMRC's latest reporting system could hide a nasty surprise

Real Time Information is HMRC's scheme to streamline tax and benefit payment, but a lack of publicity has left many businesses underprepared

UK lending shrinks in first month of Funding for Lending

Lending to UK businesses fell 2.2bn in August despite it being the first full month of the government's latest SME finance scheme, Funding for Lending.