Andrew Tinkler, former boss of Eddie Stobart, is putting together a £75m rescue bid for ailing Eddie Stobart Logistics (ESL), according to reports. Tinkler, who headed up the business as part of the Stobart Group until 2014, is reported to be putting together a £50m package, with an additional £25m being raised by shareholders. He is reported to claim the deal will preserve value for shareholders. Tinkler told City AM: “Shareholders do take my offer seriously, and even Stobart Group […]
The GMB union has held a protest outside a Marks and Spencer retail store over the rates of pay awarded to agency staff at the retailer’s Swindon DC, which was operated until January by Wincanton and is now run by DHL Supply Chain.
Industrial action at Wincanton’s operations for customer HJ Heinz in Wigan has been averted after URTU members accepted a fresh proposal over pay.