Yodel: Losses double at UK’s second-worst parcel delivery firm Business Losses at Yodel, which was named as the second-worst parcel delivery firm in the UK in 2024, have more than doubled as its revenue was slashed. The Liverpool-headquartered business has reported a pre-tax loss of £105.2m for its latest financial year. The total comes after Yodel also lost £48.2m in 2023. New accounts filed with [...]
Evri: Boom in bedroom CEOs drives best-ever parcel deliveries Business Evri has delivered record results thanks to a boom in second-hand sellers sending parcels with the logistics giant. The parcel delivery company, which was acquired by private equity firm Apollo from Advent International in 2024 for £2.7bn, has revealed that its volumes increased by 11 per cent in the year to 1 March, 2025, to more [...]
Amazon’s £40bn investment to create nearly 10,000 jobs Tech Amazon will invest £40bn into the UK in the next three years as it looks to boost production and delivery capacity, creating 9,500 jobs in the UK. The investment will provide funds to build four new robotic fulfillment centers, as well to refurbish the media giant’s film studios in Berkshire. The three already-announced high-tech warehouses [...]