Shares in the Pendragon car dealership group dropped almost 7 per cent after one of three bidders interested in buying the business decided to pull out of the running. Nottingham-based Pendragon said Sweden’s Hedin Mobility Group and Leicester-based PAG International – which owns the prestige Sytner dealership brand – had …
Read More »
The creditors of Hotter Shoes face a shortfall of more than £11m after its collapse into administration despite a rescue deal being completed. The Skelmersdale-headquartered company was the main subsidiary of AIM-listed Unbound Group and was the trading name of Beaconsfield Footwear. Over 400 jobs were saved when Hotter Shoes …
Read More »
Bosses at kitchenware brand ProCook have reported renewed trading momentum after a “challenging” summer. The Gloucestershire firm, which listed on the London Stock Exchange last year, said it generated £15.9m in revenue in the second quarter – a 9% dip on the same period last year, but up more than …
Read More »
Britain’s aviation minister has heard how East Midlands Airport is forecasting another record-breaking year for air cargo thanks to online shopping and the current challenges of moving goods by sea. Robert Courts MP visited the Castle Donington cargo operation at the busiest time of year in the run-up to Christmas. …
Read More »
Thousands of people in Britain are set to lose their jobs after a raft of companies announced plans to reduce the size of their workforce. Businesses in all sectors are struggling with the impact of the coronavirus pandemic but retail and aerospace are being hit particularly hard. Many firms across …
Read More »