Almtone-owned Canute Group will cease trading ahead of Christmas with the loss of 600-plus jobs, after attempts to revive the business in May via a controversial pre-pack sale failed. Following the purchase of the business from administration for £1.3m by Almtone on 12 May, creditors were left nursing a £5.3m shortfall. However, despite ridding itself of debt, the business only narrowly avoided being wound up by HMRC last month after the taxman raised a petition against it. This came as […]
The legacy of last year’s successful Olympic and Paralympic Games will be collaboration, according to the head of the FTA.
Keyne Express Deliveries and KED Logistics have been purchased by Beaches Logistics after both companies entered administration.
Birmingham-based Ware Transport has been snapped up by Trilogy Freight after entering administration.