Connect Group is set to complete a £9.9m deal with property firm Urban Logistics for the sale and leaseback of six of Tuffnells’ depots, in a move aimed to cut the company’s debt. The six depots are located in Andover, Coventry, Leighton Buzzard, Newport, Perth and Plymouth. Connect’s original aim to sell the entirety of Tuffnells’ property portfolio of 37 depots had to be scaled back this summer after it failed to find a buyer. This latest deal is part […]
Connect Group has renewed its contract with News UK, securing a deal that generates £200m of revenue a year until 2024 and provides some respite after a tough period for the business.
Tuffnells Parcels Express, part of Connect Group, has been fined £1.5m after a driver died when he was trapped between a trailer and his vehicle.