Looking for a printer for high definition text

Good afternoon,

I am currently printing candle labels on Colorplan paper through a printing company in Scotland. However due to the rising costs

I am considering investing in a printer to produce these in house.

I currently have a Canon iP8750 however the printing quality isn’t the best.

The labels have small text and use black ink only, label appearance and sharp text are a must and I am looking for suggestions on an Inket or Laser that could produce sharp text with black ink from your experience.

budget is up to £1500

many thanks