Print buying

A new free newspaper is set to launch on the Isle of Wight later this week.

SP Group ceased production earlier this week and the majority of workers at the business have now been made redundant.

Scottish First Minister Nicola Sturgeon visited Bell & Bain this week and met with apprentices at the Glasgow book printer.

G&H has sought protection from its creditors as it searches for a buyer to take over the business after suffering a six-figure bad debt.

Awesome Merchandise has launched a £350,000 crowdfunding initiative to help accelerate its expansion plans in the US and Europe.

Chief executive Andy Blundell has spoken out on the industry’s need to improve margins, as Communisis posted sales up 9% for the half-year alongside an increase in underlying operating profits.

Reach has posted a £113.5m half-year statutory pre-tax loss in the first six months of 2018 after taking a £150m charge on a “more challenging than expected outlook” for its regional businesses.

Circle Media Group has established a major presence in the UK with the takeover of pan-European book printer CPI Group, in the latest industry consolidation play.

SP Group’s owner has cited the loss of a major customer and a catastrophic halving of forecasted sales at the business as precipitating the shock decision to put the business into administration.

An employee at Wyndeham Bicester has died following an incident involving a roll clamp truck.

SP Group has been placed into administration by its new owner just four months after the business was purchased from St Ives.

Walstead has made another huge continental acquisition – the group is taking over the €200m (£179m) turnover web offset business in Poland that used to be owned by RR Donnelley.