Mobile payments and messaging technology provider Fonix Mobile reported a strong full-year financial performance in a trading update on Monday. The AIM-traded company said it exceeded market expectations, with an 18.5% increase in gross profit to £17.9m, compared to £15.1m in the prior year. Adjusted EBITDA also saw an 18.1% …
Read More »Royal Mail strike action ends as postal workers vote overwhelmingly to accept pay deal
11 July 2023, 19:15 | Updated: 11 July 2023, 19:20 Royal Mail workers vote to accept pay deal ending long-running strike action. Picture: LBC / Alamy Royal Mail workers have voted overwhelmingly to accept a new pay deal, averting further strike action as part of the long-running dispute. Over 67 …
Read More »Debenhams to be wound down as JD Sports ends rescue talks
It was a grim day for the UK retail sector as beleaguered department store chain Debenhams was set to be liquidated following failed rescue talks with JD Sports, just hours after Philip Green’s Arcadia retail group went into administration. Debenhams said on Tuesday that it will continue to trade through …
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