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Bumper payday for Moonpig bosses

Moonpig’s CEO and CFO have benefited from a multimillion pound bonanza payday thanks to the performance of the group since its flotation in 2021. The Moonpig Group report and accounts just filed for the financial year ended 30 April 2023 reveals that CEO Nickyl Raithatha’s total remuneration increased more …

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UPS inaugurates expansion of its vital Paris hub 

UPS announces a €46 million investment in its Paris-Évry site, which houses UPS’s biggest hub in France, increasing sorting capacity from 20,000 packages per hour to a total of 44,000 to meet growing customer demand.  The building expansion adds 25 additional loading doors and 11 unloading doors to increase parcel …

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Cumbrian posties end industrial action and take pay deal

Members of the Communication Workers’ Union (CWU) have taken large scale strike action over the past 12 months with industrial action in December causing widespread disruption to the postal service over the Christmas period – traditionally its buisiest time.  Royal Mail said that the three-year agreement includes a 10 per …

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Zara Sizes Up Prologis Midlands Mega-Hub

Spanish retail giant Zara is in talks to lease Prologis’s 628,943-square-foot Prologis RFI DIRFT DC628 development in Northampton in the East Midlands, CoStar News can reveal. The distribution facility sits at the heart of the UK’s road and rail network as part of phase three of Prologis’s giant DIRFT logistics …

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New stamps issued featuring birds, mammals, insects and fish

The 10 stamps feature the beaver, Atlantic salmon, kingfisher, beautiful demoiselle, water vole, grey wagtail, common mayfly, otter, brown trout and dipper. Royal Mail worked with Professor of Ecology at Cardiff University Steve Ormerod on the stamp issue. The beaver is one of the creatures featured in a set of …

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