Yodel owners, the Barclay family are thought to be considering offloading the troubled company. Press reports suggest the Barclays are reviewing their entire stable of UK businesses which includes Shop Direct, The Telegraph and Sunday Telegraph newspapers and the Ritz hotel. According to The Times, Aidan and Howard Barclay, the sons of Sir David Barclay, are streamlining the portfolio to generate capital to buy out some of the family members. Financial advisers are set to value the portfolio and seek […]
Yodel has hinted that this financial year it will move into profitability for the first time since the business’s formation in 2010, off the back of increased volumes and new business wins.
Yodel has made its largest ever loss in the year to 30 June 2018, newly published accounts reveal.