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Government launches £200m trial of 370 zero emission trucks

  A £200m programme to roll out 370 zero emission trucks and 57 refuelling and electric charging sites across the country has been launched by the government today (19 October). The demonstrator programme will involve a number of major fleet operators, including Menzies Distribution, Eddie Stobart, and Royal Mail, with …

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New exhibition looks at 240 years of the Royal Mail uniform

Just under 240 years ago, the classic Royal Mail red uniform was introduced, and now an exhibition looks at how the uniform has changed design over the centuries while always remaining recognisably the Royal Mail. The exhibition starts with a sharp contrast between the original 1784 uniform, which was closer …

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New Look hails ‘strong year’ despite widening losses

The company said the £87.8m loss included an impairment charge of £47.4m following an accounting procedure conducted in the period valuing its property leases and other assets. Adjusted EBITDA increased 67% to £42.2m, compared with £25.2m in 2022. Gross margin stood at 45.8%, up from 43.1%, driven by the retailer’s …

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