UK printers have warned of rising paper prices, but say they are experiencing a welcome return of business from domestic publishers thanks to "rapid" advances in digital printing technology and current exchange rates.
Speaking at the Future Book conference hosted by Canon at its Oce R&D centre in Poing, Munich, last week, Andy Vosper, deputy chief executive of UK printer TJ International, told The Bookseller material costs were on the rise. “So far the impact on exchange rates has been the biggest effect [of the Brexit vote]," he said. "The sterling against the dollar and euro has changed. We don’t know where it’s going to find its parity; we have yet to action Brexit so we don’t know yet. Our principle source of paper is in Europe, so yes [costs have gone up].”
- Companies:
- Canon U.S.A. Inc.