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 […]
Bulk haulage firm Fred Sherwood & Sons saw its pre-tax profit tumble by three quarters to £644,000 last year as the firm battled declining asset resale values, rising fuel prices and pay rate pressures.
Royal Mail has said it delivered a “resilient performance in challenging markets” despite its group profit falling by a third in the last year.
Costs associated with the opening of a new cold store last October at Boroughbridge, Yorkshire-based food logistics specialist Reed Boardall Group had a significant effect on the firm’s pre-tax profit for the year, it has emerged.