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Palletforce reports record 2020 volumes as revenues soar

  Palletforce said investment in capacity, infrastructure and technology helped it deliver record distribution volumes during 2020. Revenue for the year ending 31 December 2020 increased by £19.5m to £136.6m (2019: £156.1m) and underlying EBITDA was £12.24m (2019: £8.98m) reflecting a margin of 9%. Pre-tax profit was £11.2m (2019: £7.65m) …

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Warning, risk of electric shock

Monday 22 November 2021 11:00 am [Re: It’s about time for Rishi Sunak to make his mind up on on a road tax, Nov 19] In the same way that government’s previously promoted diesel power as the solution to saving energy and the planet, electric vehicles are a similar red-herring. …

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FTSE 100 Live 22 November: Oil prices fall, energy market, Europe Covid-19 restrictions, Europe shares, strategic oil reserves, KKR Telecom Italia

A $12 billion takeover move in the telecoms sector ensured European markets traded higher today, despite continued worries over the recent surge in Covid-19 cases on the continent. Buy-out group KKR’s interest in Telecom Italia ignited other shares in the sector, with BT and Vodafone among the London-listed stocks trading …

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