DX Group made a pre-tax loss of more than £80m in the year ended 30 June 2017. The group issued a profit warning about the year’s results in February, and its CEO Petar Cvetkovic stepped down in June after an “exceptionally difficult year”. Though DX Group did see a 1% growth in turnover to £292m, the embattled company has now lost north of £160m in the last two years. The majority of the the pre-tax loss consists of an exceptional […]
Deben Transport’s claim for damages in relation to the truck cartel could be as much as £8m and, if successful, would potentially result in a payout to trade creditors, according to the administrator.
Government’s £28bn road programme set to face similar legal challenge used to halt Heathrow expansion
An environmental campaign group is planning a legal challenge to the government’s £28.8bn roads programme on the grounds that it breaches UK climate and environment laws.
Car transporter company Drive Force (UK) had only just returned to profitability after experiencing 18 months of cash flow difficulties, before Covid-19 forced it into administration.