Finance

Advertising spend flatlines in Q1 2023
A plateau in advertising spend in the UK has seen the industry’s income take a real-terms fall in the first quarter of 2023.

New financing in place at IG Design Group
IG Design Group has agreed new three-year financing facilities with HSBC and NatWest.

Crystal Amber calls to replace De La Rue chair
Activist investor Crystal Amber Fund has called for the removal of De La Rue’s chairman and for a new director to be appointed chairman.

Nomoq eyes up UK for digital can expansion
Swiss digital can printing start-up Nomoq will open a third European site in the UK, following its expansion into Germany in 2022.

Industry reacts: Spring Budget 2023 and full expensing scheme
Chancellor Jeremy Hunt’s first full budget has been welcomed by British print associations as a positive step toward revitalising the UK economy, but not everyone in the industry is impressed.

Silicon Valley Bank situation rapidly resolved
Moonpig has moved to reassure investors and the City that its connection to Silicon Valley Bank will not cause the group any problems.

RRD sells Canadian operations to DCM
Chicago-based global print and packaging company RR Donnelley has announced the sale of its Canadian operations to Data Communications Management (DCM), a document management and commercial print...

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.

De La Rue shares drop after Kenya and India announcement
Shares in currency printer De La Rue have fallen by over 5% today (20 January) after it released a statement announcing a suspension of banknote printing in Kenya and its implication in an...

CarbonQuota receives institutional investment
Funds associated with private equity investment firm Codex Capital Partners have signed a binding agreement to invest in carbon advisory specialist CarbonQuota.