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. City Link narrowed its deficit by 40% in 2013, posting a £21.1m pre-tax loss (2012: £35.9m loss). This came despite a 10% decrease in turnover from £321m in 2012 to £289m in 2013, as it moved away from loss-making contracts. The company described the results for the year to 31 December 2013 as a […]
City Link’s administrators have made more than 2,300 staff at the failed business redundant.
Gregory Distribution is looking to the future with the appointment of a new MD, the expansion of its apprenticeship training programme and the opening of a new depot.
Leeds-based Bedfords Group has made “significant progress” in adding new streams of business, according to its latest results, despite recording a pre-tax loss of £221,415 last year.