The distribution company for Laura Ashley has entered administration along with the troubled retailer. In a statement, Laura Ashley said that for the seven weeks to 13 March, trading had improved by 24%, but that the COVID-19 outbreak had pushed it to the brink. The company has appointed administrators from PricewaterhouseCoopers, which will handle the affairs of its distributor Premier Home Logistics (PHL). Records show that PHL holds a range of O-licences across the UK, with its main operating centre […]
City Link’s management had laid out plans to pull out of the B2C market and refocus the courier’s efforts on attracting higher-margin business shortly before its collapse, it has emerged.
The chancellor has frozen fuel duty in his Autumn Statement today, meaning the scheduled rises scheduled for January and April next year will no longer take place. George Osborne gave no hint of a cut but said fuel would only see “inflation only rises” until September – effectively meaning the April 2013 increase has been deferred to 1 September 2013. PriceWaterhouseCoopers forecast the move would cost the public coffers £6bn, although research commissioned by campaign group FairFuelUK argued the planned […]