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Business

IPIA seeks further support for UK print

The Independent Print Industries Association (IPIA) and its sister association the British Association for Print and Communication (BAPC) has urged members of the UK industry to back their campaign to secure further support for print businesses hit hardest by the novel coronavirus (Covid-19).

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Data collected through the survey will be sent to the Government Department for Business Energy and Industrial Strategy

Companies across the market have had access to a number of support schemes in recent months, including various loan plans and the Coronavirus Job Retention Scheme furlough initiative to help them through the crisis.

However, following the government’s decision to introduce additional measures to slow the spread of Covid-19 – specifically the new ‘rule of six’ – some printers have seen a significant drop in demand.

Coupled with the fact that many of the existing financial support schemes are due to wind down by the end of next month, large numbers of print companies have raised concerns about their future.

In response, the IPIA and BAPC have held a number of talks with the government over the possibility of additional support for print businesses, and they are now calling on the industry for help.

The twinned associations have now launched a Business Impact Survey, which will gather opinion from the print market about the current situation, with this to then be fed back to the Government Department for Business Energy and Industrial Strategy (BEIS), allowing it to work on policy to protect businesses.

This data will help advise on policy to protect the UK print industry

“This data will help advise on policy to protect the UK print industry from the dual challenges of Covid-19 business restrictions and the significant changes that will be made to the UK's trading relationship with EU from January 2021,” IPIA general manager and BAPC chairman Brendan Perring says.

The aim of the trade associations is for the government to offer new financial support to companies that have been means tested – and can prove they were financially stable prior to Covid-19 – and now require backing in order to keep trading and preserve jobs.

According to the duo, business-to-consumer print businesses need, on average, around £5,000 a month until Christmas to survive.

“We will be compiling this data and sending it to BEIS next week, in combination with a letter co-signed by our trade association partners at the GPMA to advocate for the protection of livelihoods and jobs in our sector – as it is specifically exposed to disruption in terms of business confidence and stability,” Perring says.

To access the survey and give your opinion on the market, click here.

If you have an interesting story or a view on this news, then please e-mail news@printmonthly.co.uk

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