Yodel has denied it may be up for sale, following reports that its owners the Barclay family were reviewing their entire stable of UK businesses. Press reports in October 2019 suggested that the owners of Shop Direct, The Telegraph, the Ritz hotel, as well as parcel delivery business Yodel, were considering offloading these companies and that financial advisers were preparing to value the portfolio. Read more Could Amazon make bid for Yodel? Yodel makes £112m annual loss, its largest to […]
Small and medium sized hauliers hit by the impact of the COVID-19 pandemic can apply for a government-guaranteed loan of up to £50,000 from next week.
The Office of Fair Trading (OFT) is about to enter the final stage of its investigation into Mercedes-Benz and five vehicle dealerships over suspected breaches of the Competition Act in the distribution of commercial vehicles. The investigation, launched in 2010, relates to five separate alleged infringements between March 2007 and January 2010, each of them involving two or three dealers, and two of them also involving Mercedes-Benz. Apart from Mercedes UK parent Daimler UK, and ultimate parent Daimler AG, the […]