700 jobs lost at major UK paper merchant.

The UK print industry was reeling from the news that administrators from Deloitte were appointed to a number of PaperlinX UK operations on 1 April, although the group’s packaging operations are not included. The sad news was that nearly 700 employees were immediately laid off.

Joint administrator Matt Smith is quoted as saying that “the firm has struggled due to an increase in digital communications and as a result, the paper business had been hit by falling demand.”