Finance

UK corporate insolvencies rising
The number of corporate insolvencies in the UK has leapt above pre-pandemic levels since the start of 2022.

Pressure mounts on printers as UK heads for recession
The UK print industry has entered a “perfect storm” of soaring costs and faltering demand as the economy stagnates.

Moonpig plots 'hyper-personalised' future
Moonpig is moving towards a “hyper-personalised” customer journey and is expanding its operational footprint with two new sites, including a new facility in Tamworth capable of handling 9,000 cards an...

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.

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

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.

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.

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 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 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.