DX Group’s turnaround plan, which was backed by investors to the tune of £4.76m in May, remains on course with the embattled operator set to trim losses in its current financial year. In a trading update released today (18 July), the operator’s newly installed management led by CEO Lloyd Dunn, said the plan to get the business back on its feet was “progressing steadily”. “The directors expect the group to meet market expectations for the full year (to 30 June), […]
DX Group has had its revised planning application for a ‘super hub’ at Essington in the West Midlands rejected by the local council.
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.
The logistics industry has welcomed the proposals in the Taylor review into self-employed workers as a sensible, half-way house that would provide those in the ‘gig economy’ more security while still affording businesses the flexibility they require.