City Link’s administrators have made more than 2,300 staff at the failed business redundant. Following the parcel carrier’s collapse into administration on Christmas Eve, Ernst & Young confirmed that although an offer was made for the business by a consortium, it offered “no money up front and significantly undervalued the assets to be acquired”. The administrator has now made 2,356 redundancies across the City Link’s UK sites, retaining 371 people to deal with the parcels that remain within the company’s […]
Retailer Marks & Spencer has confirmed that DHL is to handle the collection and delivery of goods into its new Castle Donington warehouse in the East Midlands when it opens this spring.
The reign of Almtone-owned Canute Group came to an end today (21 December) just over seven months after it began with the pre-pack administration and sale of its predecessor company.