Tuffnells owner Connect Group is to sell its care and education division in order to focus on the growth of its parcels and news services. Connect will sell the division to education resource provider RM for £64.4m, including £56.5m cash and deficit of £7.9m. The group said the move will reduce its borrowings and allow it to grow its news and media division, Smiths News, and its parcels operation (Tuffnells). Connect Group bought Tuffnells and its famed “big green parcel […]
A 90% plummet in DX Group’s share price has prompted its largest shareholder to call for the removal of two board members for their “inexcusable” performance. Emma Shone
Tuffnells owner Connect Group has put property valued at up to £35m on the market as it revealed that it was targeting second half return to profitability for its irregular freight business.
Tuffnells Parcels Express, part of Connect Group, has been fined £1.5m after a driver died when he was trapped between a trailer and his vehicle.