News

PBL Print on course to double turnover following lender backing
The North East-based commercial printer initially forecast a 1.8m sales boost after securing funds from Yorkshire Bank, but PBL now expects an uplift in excess of 3m.

Killer app: slick package gets big hand
Prosthetic limb maker RSL Steeper briefed Smurfit Kappa to create a pack that reflected the feel, image and strength of its BeBionic products yet was accessible to those with limited dexterity.
Print industry news roundup: Stationers' Company, Your Print Partner, HP, Intoprint UK, Printing.com, Pitney Bowes, Shawbrook Bank
Stay up to date with your procurement supply chain thanks to print industry news at your fingertips. This week: IFS' Tony Hards becomes Liveryman of Stationers' Company; Your Print Partner to double...

FFL scheme may be used to boost bank profits
Banks may use the new Funding for Lending (FFL) scheme to make profit rather than extend lower lending rates to borrowers, the Bank of England (BoE) has admitted.

James Cropper in Q1 speciality papers sales fall
At the paper company's AGM on 1 August chairman Mark Cropper voiced concern that the market conditions causing the decline were showing no sign of abating.

HP takes $8bn goodwill charge
HP is to take an $8bn (5.1bn) goodwill charge this quarter after writing down the value of a division that sells computer services to businesses.

Guardian Media Group records 76m operating loss
Guardian Media Group's (GMG) accounts for the year ending 1 April 2012 reveal pre-tax losses of 75.6m, a stark contrast to the pre-tax profit of 9m recorded a year earlier.

Print My Pixel web-to-print business launched by packaging duo
Essex-based packaging consultancy Ikonik has diversified with the launch of printmypixel.com, just 16 months after opening, for customers to design and buy personalised printed products.

City Litho takeover elevates Paramount to £2m turnover
Paramount Printers has grown to a £2m-turnover operation after acquiring rival Edinburgh firm City Litho in a six-figure deal.
Quad/Graphics posts Q2 sales decline
Sussex WI-based Quad/Graphics reported a $20.8m Q2 net loss following a 4.4% year-on-year sales decline to $934m.

Price confident in Paperlinx future
New non-executive director Andrew Price said he had 'enthusiastically accepted' the invitation to the Paperlinx board following completion of the company's strategic review.

Weedon PSC joins POPAI
The packaging and POS display manufacturer has joined trade body Point-of-Purchase Advertising International, to help improve its service offer.

NLGS to be phased out in favour of FFL
The Government's flagship National Loan Guarantee Scheme has been sidelined in favour of the new 80bn Funding for Lending (FFL) initiative, just five months after it launched.

Shawbrook Bank profitable less than a year after launching
The new bank, officially launched in October 2011 to provide funding to SMEs, has hit break-even point, it has announced.

Technique MIS recognised for mobile app
UK-based Technique MIS has scored a Printing Industries of America (PIA) Intertech Award for its iTechnique mobile app.