finance

Elddis Transport (Consett) sees profit double after expanding base and growing warehousing business

 
Elddis Transport (Consett) saw its pre-tax profit more than double in 2021 aided by “significant” revenue growth in its warehousing business and the expansion of its Consett site. The County Durham-based haulier, which is a founder member of the…

Soaring inflation, cost of living crisis and falling demand for Covid-19 test kits sees Royal Mail lose “£1m a day”

 
High inflation, the cost of living crisis and a fall in demand for Covid-19 test kits have seen Royal Mail’s total parcel volumes plummet, with the company currently losing £1m a day, according to Keith Williams, chair of Royal Mail. In its late…