Hargreaves Services is keeping a watching brief after client British Steel went into liquidation. In a statement issued ahead of official confirmation that the business had entered the insolvency process, the group confirmed it had worked with British Steel for the past eight years supplying materials handling and other services to it. These include materials handling at Immingham port (unloading raw materials – iron ore, coal and coke) and transferring them to the Scunthorpe site as required; receiving raw materials […]
A lot has happened in the two weeks since the last MT Tracker, and today the government has revealed that it will begin selling shares in post and parcel operator Royal Mail within the next few weeks, adding another transport name to the companies listed on the London Stock Exchange.
The insolvency of a major mining customer cost Hargreaves Services more than £8m last year, the group revealed today.