Finance

Royal Mail UKPIL revenue hit by letters decline

A sharp drop in volumes of addressed letters has seen revenue at Royal Mail’s UK parcels, international and letters (UKPIL) business decline in a nine-month trading update.

Masterwork to become largest Heidelberg shareholder

Masterwork Group Co (Masterwork) is set to obtain a nearly 8.5% stake in Heidelberg, making it the largest shareholder in the German manufacturer, which is looking to further improve its market...

Compass to expand SME lending options

Compass Business Finance has become the first industry lender to be accredited under the government’s Enterprise Finance Guarantee scheme, opening up more asset lending options to print SMEs.

Industry output bounced back in Q3

The UK printing industry rebounded from a lacklustre Q2 to match its positive forecast for Q3, at least in terms of output volumes, according to the BPIF’s latest Printing Outlook.

Budget makes some progress in restoring print’s confidence

In the first Budget to take place on a Monday since 1962, Philip Hammond made moves to commit the government to greater spending on health – £20.5bn more for the NHS over the next five years and at...

Heidelberg reports H1 loss while anticipating subs payoff

Heidelberg has reported an uptick in its first-half EBITDA boosted by the growth of its new subscription model, although its bottom line suffered from one-off costs.

Industry firms make Top Track list

Five printing industry firms made it onto this year’s Sunday Times Top Track 250 ranking, with four of the companies featured being new entrants to the 2018 list.

Asset audits will help keep books in order

Every business has assets. From land and buildings, to equipment, goodwill, brands and intellectual property (IP), there is value in everything. But the question for the businessman on Clapham omnibus...

Former franchisees rebuild family ties after independence

Kall Kwik and Prontaprint used to be two of the biggest names in the UK high-street print market. At their peak, the two businesses ran a combined total of around 550 outlets in towns up and down the...

Kodak pension scheme heading towards PPF

Kodak’s former pension scheme could become the latest industry scheme to end up in the Pension Protection Fund, and the Kodak Alaris business could be sold as a result.