Laser Transport International suffered a “savage” financial hit due to the devaluation of the pound in 2016 after the UK’s vote to leave the EU, newly published accounts show. In its results for the year to 31 December 2016, the Hythe-based international freight company and former MT Haulier of the Year said the fall in the value of sterling after the EU referendum vote last June had created an “immediate and savage impact” on operating costs that “cannot be overstated”. […]
Fowler Welch saw pre-tax profit fall by more than a third in the first half of its current financial year, after it was hit by the late delivery of new ambient contracts.
DX Group is to take a close to £2m profit hit after an accounting error relating to the treatment of a leasehold property.