Page 11 - Clive Whiley News Today

The two sides have been engaging in a war of words over the future strategy of the funeral services company

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The firm, formed through the merger of Just Eat and Dutch rival Takeaway last year, said it was boosted by deals that added Leon, Tortilla and Chipotle, Starbucks and Costa to its roster of restaurants.

Funeral provider Dignity swings to loss despite 14% rise in UK deaths Wed, 17th Mar 2021 09:07 (Alliance News) - Funeral services provider Dignity PLC on Wednesday reported a fall to loss in 2020, despite a 14% increase in deaths in the UK due to Covid-19. The Sutton Coldfield, West Midlands-based company swung to a GBP19.6 million loss in the financial year that ended December 25 from a GBP44.1 million profit in the financial year that ended December 27, 2019. Dignity said underlying pretax pr...

© DCT Media Dundee crematorium. National funeral company Dignity, whose Scottish operations include Dundee crematorium, plunged almost £20 million into the red last year. This came despite a big jump in deaths due to the Covid-19 pandemic. The group said UK deaths surged 14% to 663,000 in 2020 – the highest since 1918, which witnessed the end of the First World War and beginning of the Spanish Flu pandemic. The firm’s pre-tax losses for the 12 months to December 25 were £19.6million, com...

Funeral provider Dignity has swung to a full-year loss despite the pandemic sending Britain’s annual death toll soaring to its highest level for more than 100 years. The group said UK deaths surged 14% to 663,000 in 2020 – the highest since 1918, which witnessed the end of the First World War and the Spanish Flu pandemic. But Dignity still reported pre-tax losses of £19.6 million for the year to December 25, against profits of £44.1 million the previous year as coronavirus restrictions im...

US$12.3 TRILLION out of thin air… And if you click here we’ll show you something that could be key to unlocking 5G’s full potential... The outcome was severe downwards pressure on Dignity’s selling prices. And the big problem was the firm had racked up a considerable amount of debt used to help fund its buying spree. Almost overnight, it seems, the business model had fallen apart. The torrent of strong and stable cash flow was diminishing. And the economics of the business began to look...

Mothercare moves to junior stock market Mothercare has moved from The London Stock Exchange to its junior AIM market, as part of its ongoing restructuring plans. On 5 November 2019, Mothercare appointed Zelf Hussain, Toby Banfield, and David Baxendale of PWC as administrators for Mothercare UK and Mothercare Business Services (MBS), which is responsible for Mothercare UK’s back-office functions, including finance, HR, property and IT. Mothercare’s UK business was subsequently wound do...

Mothercare admitted to AIM following restructuring

IN BRIEF: Dignitys largest shareholder seeks to oust executive chair Thu, 11th Mar 2021 09:36 Dignity PLC - West Midlands-based funeral services provider - Largest shareholder, Phoenix UK Fund, requisitions a general meeting. Phoenix, which owns 29.9% of Dignity, wants to remove Executive Chair Clive Whiley and appoint Gary Channon as an executive director, Dignity says. Channon is the founder and chief investment officer of Phoenix Asset Management Partners, which manages Phoenix UK Fund. Dign...