Amazon UK saw revenues rise by more than 26% to £13.73bn last year as increasing numbers of people shopped online. The firm, which recently said it would be boosting its UK workforce by a third to 40,000 in order to meet growing demand due to lockdown restrictions, also said it paid direct taxes of £293m during 2019, with a total tax contribution of £1.1bn during the period. It said the UK had become one of its largest global hubs and […]
Interim results for Eddie Stobart Logistics (ESL) show that the troubled firm made a loss before tax of £199.8m in the six months ending 31 May 2019.
A continued move from straight transport to logistics activities including warehousing, packing and freight forwarding helped Glasgow-based Gordon Leslie Group achieve a 20% rise in pre-tax profit in the year to 30 September 2012. Turnover in the year fell around 8% to £4.8m (2011: £5.2m), but profit before tax came in at just over £487,000 (2011: £405,000). MD Craig Leslie said the firm had made a “fairly conscious move” in the last two years to reduce its reliance on some […]
City Link will need to improve account management and customer service if it is to become profitable again, analysts said, following its sale to private equity investor Better Capital.