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 […]
Circle Express has continued to trade successfully under a Company Voluntary Arrangement (CVA), achieving its second consecutive profitable year.
TNT UK saw its finances tumble into the red last year following the loss of a major contract, posting a £6.4m loss just a year after it quadrupled its pre-tax profit.
International online purchases from UK consumers are estimated to fall by almost a quarter over the next 12 months, according to a survey by Whistl.