Over half the transport firms planning to secure bank lending in the next 12 months fear their request will be turned down, according to the results of the latest Close Brothers Business Barometer. Around four in 10 UK transport firms plan to seek lending for business growth in the next year, suggests the quarterly survey, but many in the transport sector are unsure how to fund their plans with over a third of transport bosses admitting their knowledge of funding […]
Transport and logistics firm Rhys Davies & Sons marked its sixtieth anniversary last year with a 58% rise in profit, the firm’s latest annual results statement has revealed.
City Link parent Better Capital has revealed it will inject more money into the the parcel carrier in a bid to turn the loss-making business around.
Stobart Group has entered the savings market with a new six-year retail bond. The retail bond is aimed at small investors, and will yield a fixed-rate of 5.5% per annum, while providing Stobart with another funding stream. Well known retail brands names such as Tesco, John Lewis and National Grid already market bonds, which offer investors relatively attractive interest rates in exchange for tying up their money. Stobart bonds will available to buy and trade on the London Stock Exchange, […]