The transport industry could cost the Treasury £1.2bn in Covid-19 loan defaults, according to research by Business Rescue Expert. The research looked at the rate at which small businesses have used the government’s Bounce Back Loan Scheme (BBLS) since its launch in May 2020. As the first repayments under the BBLS scheme now fall due, Business Rescue Expert found that overall the BBLS could cost the Treasury £27bn in loans that will not be repaid, with the transport and warehousing […]
Europa Worldwide Group has galloped up the Sunday Times PwC Top Track 250, which recognises the fast-growing companies in the UK, to 107.
Matlock Transport was almost saved from closure in the days running up to its liquidation when an offer to buy the business was received, the liquidator has told motortransport.co.uk.
Ballyvesey Holdings saw a fourfold profits fall in 2019 in what the company described as a “difficult” year in an intensely competitive market.