Personalised greeting-cards etailer Moonpig is
celebrating a 67 percent jump in pretax profit in the year to
April-from £6.7 million last year to £11.2 million. The
Independent reports that the company’s
biggest shareholders shared a dividend of nearly £5
million.
Ocado is to acquire a 35-acre site near
Tamworth, Staffordshire in order to build a £200 million
distribution centre, reports the Telegraph.
According to a forum on wedding-planning website
Confetti, the business was placed into
administration by new-owner The Hut Group on
Friday. Its online shop has been closed while administrators
assess the situation. According to the forum, employees were
waiting to hear about possible redundancies. As of 10.20 am on
Monday morning, the company’s official Twitter
feed updated followers that there was still no word.
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