Trade creditors of West Yorkshire-based Bedfords should receive some money when the business enters liquidation, according to insolvency practitioners. In a final administration report, KPMG said that based on current estimates, unsecured creditors “should receive a dividend during the subsequent creditors’ voluntary liquidation (CVL)”. “The amount will be determined once the realisation of assets and payment of associated costs has been completed during the liquidation,” it added. Preferential claims of £71,617 were paid in full in November 2020. Read more […]
Pre-tax profit at Fowler Welch rose 12.8% last year, as a result of improved vehicle efficiency, new business wins and volume growth from existing customers.
Some 350 former City Link staff have signed up to bring a group employment action claim against the collapsed parcel carrier.
Foreign drivers working for UK operators who returned to their home countries during lockdown are not exempt from the 14-day self-isolation rules, it has emerged.