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The Latest Breaking News from DS Smith

International Paper: Company to close five UK sites with hundreds of jobs at risk

The company has confirmed that consultations with employees and unions are currently underway

The Independent UK

International Paper to close five UK packaging sites, putting 300 jobs at risk

It bought UK-based rival DS Smith in a deal worth £5.8 billion at the beginning of this year.

The Independent UK

Here's What to Expect From International Paper's Next Earnings Report

International Paper is scheduled to report its fourth-quarter and full-year results later this month, and analysts predict its bottom line to fall by double-digits.

Barchart

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DS Smith’s £5.8bn takeover by US rival going ahead despite competition

Merger with International Paper moving at ‘absolutely full steam’ in face of separate interest from Brazil’s Suzano

The Guardian - UK

Packaging firm calls for tighter UK rules on plastics to drive green economy

FTSE 100 firm DS Smith, which works with firms over alternatives, urges next government to match global standards

The Guardian - UK

UK packaging firm DS Smith agrees £5.8bn takeover by US group

International Paper settles all-share deal after tussle with British rival Mondi

The Guardian - UK

International Paper Considers London Listing With DS Smith Partnership

International Paper's potential London listing and collaboration with DS Smith could reshape the packaging industry.

Top News

The fake Suffolk supermarket tackling problem plastic

DS Smith’s innovation lab is in the spotlight after the packaging firm’s takeover approach from rival Mondi

The Guardian - UK

Hopes of City dealmaking rebound as FTSE 100 packaging firm gets 'preliminary' mega-merger approach

The announcement comes just a day after a huge housebuilding takeover was announced, and would eclipse that deal in size

Evening Standard

Long-serving FTSE 100 CEO Miles Roberts wraps up career at packaging firm DS Smith

Resignation of cardboard firm's boss takes 2023's number of FTSE 100 CEO departures to 18

Evening Standard

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The Guardian - UK

UK must offer businesses certainty over green energy, says boss of FTSE 100 firm

Miles Roberts of packaging-maker DS Smith warns manufacturing will decline unless government provides clarity about decarbonisation

Wales Online

Brits' recycling frustration revealed by new research

After over a decade of stagnating and declining recycling rates, it has been revealed that more than 79 per cent of people across the UK are regularly frustrated, disappointed or furious with neighbours, partners, and children

The Guardian - UK

UK urged to ‘level up’ on green tech subsidies to match US and EU

Boss of packaging firm DS Smith calls for clarity on government’s long-term plans to decarbonise energy

The Guardian - UK

Labour proposes long-term tax breaks to increase UK investment and growth

News comes after top company bosses criticise government energy policy for failing to spur investment

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The Guardian - UK

Public patience is wearing thin. Ofwat must wield the big stick

Putting water companies on the naughty step and doling out tame financial penalties in not enough

The Guardian - UK

Christmas party cancellations ‘near Omicron level’ as UK rail strikes loom – as it happened

Hospitality bosses say 30% of bookings have been called off, with rail workers’ walkouts predicted to wipe £1.5bn from revenues

Wales Online

Handle with care: ‘comfort buying’ to drive up damaged deliveries this Black Friday

Nearly half of Brits (48 per cent) say they want to spend more time at home as a result of the current financial climate, with four in 10 (38 per cent) admitting that instead of going out, they will spend on small luxuries - rather than bigger expenses - over…

Benzinga

US Government May Liquidate Around $4.4B Bitcoin, Cyber Specialists Flag Twitter's Misinformation Concerns, Tesla's Model S, Model X Recall: Top Stories Tuesday, Nov. 08

Reuters

Wales Online

Amazon not expecting Black Friday box shortages despite reports

Reports suggest major firms such as Amazon could be affected during the busy time of year for retailers

The Guardian - UK

Amazon facing UK box shortages for Black Friday as DS Smith workers vote to strike

Pay dispute at packaging company has seen nearly 700 GMB union members voting in favour of action

Daily Record

Food and drink supplier faces "Christmas nightmare" as workers consider strike action

Workers at the Livingston branch of DS Smith are being balloted over pay

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