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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 least £2bn specifically committed to mental health.

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.

Johnston revenues down as strategic review continues

Johnston Press had “no significant update” for investors on its efforts to tackle £220m in bond-related debt, as it reported a 10% decline in revenue for the half-year.

Industry output and orders matched downbeat forecast in Q2

The UK printing industry almost exactly matched its downbeat expectations for Q2 in terms of output and orders, according to the BPIF’s latest Printing Outlook, but the forecasts for Q3 suggest some growth ahead.

Heidelberg maintains 2022 targets after Q1 boost

Heidelberg has reported an increase in orders and turnover as it closes the first quarter of the 2018-19 financial year, with its longer-term targets looking increasingly “realistic”.

Johnston investor threatens legal action in event of pre-pack

Johnston Press has been threatened with legal action by its largest shareholder over rumours that the company may be pre-packed after its shares fell to an all-time low of 3p.

Apprenticeship Levy under fire for failing businesses

More than a year has passed since the Apprenticeship Levy was launched last April and many feel that it is not working as intended.

Johnston Press confirms talks to offload pension scheme

Johnston Press has confirmed press reports that it is in debt restructuring discussions that could see it jettison its pension scheme.

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