Abbey Logistics has reported pre-tax losses of £3.67m for the year to 29 June 2019, after a restated loss of £4.42m in the previous year. Turnover was down slightly at £62.68m after rising 28% in 2018 due to several contract wins and the acquisition of Armet Logistics in 2017. The company said that an operating […]
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Accounting firms KPMG and PwC have been fined over their audits of Eddie Stobart Logistics (ESL) for “not satisfying the relevant requirements”. UK accounting regulator, the Financial Reporting Council (FRC), said there were “numerous, serious and pervasive failings” in PwC’s 2018 audit of ESL and “some serious failings” in KPMG’s 2017 audit. PwC was fined […]
Isuzu Truck (UK) expands dealer network with Commercial Motors (Wales) in Newport.
Rentokil Initial has sold City Link to turnaround investment firm Better Capital.