DX Group’s profit plummets 75% in first six months of its trading year

The government’s furlough scheme has proven to be a lifeline for Scottish haulier John Mitchell (Grangemouth) during a “tough” trading year.

Hertfordshire-based Carters Haulage entered administration after expanding from one lorry to 40 in just three years to service a blue chip client and then losing the business months later.

Food distribution specialist Fowler Welch more than doubled its operating profit in the first half of the current financial year, its interim report shows.