Finance
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Close adds GGS funding to offering
Close Brothers Asset Finance has gained accreditation from the British Business Bank to provide Growth Guarantee Scheme funding.
![Nelson: "ABL typically provides significantly higher levels of working capital than conventional methods of funding"](/media/jc1hsxj2/jamie-nelson.jpg?rxy=0.4983401639047709,0.35757362313336455&width=525&height=525&bgcolor=White&v=1dad130b54033d0)
Compass accredited to deliver new Growth Guarantee Scheme SME funding
Compass Business Finance has been accredited to deliver funding supported by the Growth Guarantee Scheme (GGS), via the British Business Bank, to create further access to finance for UK smaller...
!["Robust contingency plans" are in place at DS Smith](/media/ayzdmzvr/ds-smith.png?rxy=0.5,0.0&width=525&height=525&bgcolor=White&v=1d9e722ec5f1960)
Mondi and DS Smith make agreement in principle on combination
The boards of Mondi and DS Smith have reached an agreement in principle on the key financial terms of a possible all share offer by Mondi for DS Smith, according to a statement published yesterday...
![Hunt: UK business must close the productivity gap](/media/jxflktti/official-portrait-of-jeremy-hunt.jpeg?rxy=0.49848315143536603,0.39636109521177915&width=525&height=525&bgcolor=White&v=1da70921f626850)
Spring Budget disappoints industry
Chancellor Jeremy Hunt’s Spring Budget has failed to excite the print and packaging industry, with leaders labelling it “underwhelming” and “unexciting”, despite several concessions that may make life...
![Xerox’s share price was up by 5.07% yesterday](/media/glhh2hxl/xerox-logo-sign.jpeg?rxy=0.5108275115444115,0.4636734693877551&width=525&height=525&bgcolor=White&v=1da1c761d6b2250)
Xerox to offer $400m of senior notes
Xerox has said that, subject to market conditions, it is offering up to $400m (£315m) in aggregate principal amount of senior notes due 2029.
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Chevler gains Welsh Gov funding
Baking paperware specialist Chevler has benefited from £300,000 of funding from the Welsh Government.
![Policy change: "Some print managers are going to have to change the way they work"](/media/orrj2su4/jeremy-hunt-autumn-statement-2023.jpg?width=525&height=525&bgcolor=White&v=1da1e0765d456f0)
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.
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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.
![Xerox’s share price was up by 5.07% yesterday](/media/glhh2hxl/xerox-logo-sign.jpeg?rxy=0.5108275115444115,0.4636734693877551&width=525&height=525&bgcolor=White&v=1da1c761d6b2250)
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.
![Cloudprinter.com: truly impressive performance against a backdrop of war](/media/rrajtun3/cloudprinter-com-cloudprinter.png?rxy=0.5,0.0&width=525&height=525&bgcolor=White&v=1d9e722b1129670)
Cloudprinter secures financing for further growth
Print platform Cloudprinter.com has received a new round of financing worth €2m (£1.73m).