The extent of the pandemic on Tradeteam’s financial results is revealed in its latest accounts, which showed turnover plummeted by 40% last year. The DHL Supply Chain subsidiary specialising in drinks distribution, endured a stormy 2020 and it said the impact of reduced activity following the Covid-19 outbreak caused the temporary closure of 13 sites. In a review of the business, it said: “The company has, and continues to participate in, the ongoing government coronavirus job retention schemes to support […]
DX beat analyst forecasts to deliver strong annual trading results, with a statutory pre-tax profit of £10.6m on a £382.1m turnover.
Challenging market conditions in the UK and Europe combined with the loss of a major fashion contract saw pre-tax losses widen and turnover fall at TNT UK last year.
Operators allowing or pressuring vulnerable employees to work during the COVID-19 pandemic could face HSE prosecution, a leading law firm warned this week.