Canute Group has been forced to reassure staff that the business will endure after a delay in paying wages earlier this month. In a letter to employees, seen by MT, Canute director Noel Marshall attributed staff payment delays to problems arising from the company’s decision to switch banks earlier this year, which “proved to be the wrong choice”. The subsequent move to a new lender to address this is understood to have resulted in a delay in staff being paid, […]
Unsecured creditors of Canute Haulage Group and its successor are set to be left almost £11m out of pocket after last year’s doubleheader of collapses.
Canute has launched a new cycle safety scheme in conjunction with its supply chain client Wilko’s.
The Canute Group, owned by Almtone, is expected to make an official announcement about its closure tomorrow afternoon.