Printer of magazines including Hello!,Grazia and Radio Times has appointed Deloitte to advise on refinancing as it delays payments to suppliersAbout 2000 jobs are under threat at Britain’s largest independent printing company, Polestar, and as it battles to secure emergency funding.
The printer of 43m magazines every week – including Hello!,Cosmopolitan, Grazia and the Radio Times – has appointed accountants Deloitte to advise it on refinancing. It has told some suppliers they will not be paid until January, and stoking concern approximately its future.
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Source: theguardian.com