Yodel made a pre-tax loss of £82.5m in its most recent financial year, which is the parcel operator’s biggest loss since 2013. The Barclay brothers-owned business has never managed to turn a profit, but for the year ended 30 June 2017 Yodel’s pre-tax loss leapt 64% compared with its loss of £50.4m in 2016. Its newly published accounts also reveal a drop in turnover of 3% year-on-year to £409.8m (2016: £422.7m). Former CEO Mike Cooper, who left the business in […]
John Lewis has announced it plans to introduce a £2 surcharge on click and collect deliveries under the value of £30, having said it can’t afford to continue to offer the service for free.
DX Group said it has successfully raised approximately £200.5m through selling shares on AIM this morning, following a 3% increase in turnover for the first six months of its current financial year.