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, […]
Have you met a professional driver who is not concerned about road safety? All of us who have driven a 16.5m or 18.75m long vehicle in city traffic are acutely aware of the additional hazards presented by pedestrians and cyclists around us, particularly in poor visibility. If the Direct Vision Standard (DVS) being introduced by Transport for London (TfL) on 1 March helps to remove some of the stress involved in city driving and reduces the number of people who […]
The German parent company of logistics firm Hellmann Worldwide Logistics has pledged to back its UK division until “at least” September 2020, after the Lichfield-based firm saw its operating loss almost double last year.
A reliance on agency staff and hire vehicles at CS Ellis to meet an increase in work dented the operator’s annual profit, newly published accounts show.