Business

De La Rue CFO to step down
De La Rue’s chief financial officer Rob Harding is set to step down from his role, and as a director of the company, to take on a new role as chief financial officer for PayPoint.

Baker Labels boosts BakPac with Digicon 3000 install
Trade label printer Baker Labels has expanded the finishing capabilities of its digital pouch production facility BakPac with a “half million-pound investment” in a Digicon 3000 from ABG and Edale.

Tesco buys Paperchase brand
Tesco has purchased the Paperchase brand and related intellectual property, but not its stores.

JICMail up for major media research award
JICMail has been shortlisted for Media Owner/Trade Body of the Year at an awards scheme for media research practitioners across the industry.

Alarm bells sound for UK business, but end to crisis in sight
The UK has seen a surge in the number of businesses counted as in critical or significant financial distress, as energy bills, Covid loan repayments, and inflation bite.

New CEO appointed at Vista
Florian Baumgartner has been appointed as the CEO of Cimpress’ Vista arm, assuming the position from Robert Keane, who will retain his roles as chairman of the board and CEO at Cimpress.

Stora Enso concludes paper mill sell-off
Stora Enso has found a buyer for its Hylte facility but has decided to retain Anjala mill in Finland.

Xerox 'turns page' on 2022
Xerox has reduced its losses for the full-year on flat sales, but is expecting an improved performance this year.

Crown Van Gelder declared bankrupt
Dutch papermaker Crown Van Gelder has gone bankrupt after running out of cash.

Royal Mail puts price tag on strike costs
Royal Mail parent International Distributions Services has put a £200m price tag on the cost of last year’s strike action, and said that asset sales will be required to support cashflow at the postal...