Month: June 2020

Scottish Transport group on road to success with £9m Group funding deal

Bibby Financial Services (BFS) has announced that is has provided a £9m Group funding facility to support the re-finance of Currie European Transport Ltd, a transport and storage solutions group made up of 7 trading companies across Scotland, England, the Netherlands and France.

The group, which is headquartered in Dumfries, Scotland, is using the funding to support an ambitious acquisition led growth strategy.

The funding included a £1.5 million CID facility to support the acquisition of Laser Transport International Ltd, a haulage company based in Kent with a turnover of £18m, bringing the Group’s total turnover to £75m.

BFS was introduced to the business by Robert Stewart of Generis Corporate Finance LLP who was very influential in driving the deal forward and managing all the external stakeholder’s. The BFS team also worked with Stephen Turner, the Group’s Managing Director, and his management team to guide the business through considerable legal,

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Waitrose delivery expansion in London to create 800 jobs

Waitrose says it is to open a third warehouse in London to cope with surging demand for grocery deliveries in the capital amid the continuing coronavirus pandemic.

The John Lewis Partnership said it expected the fulfilment centre, in the Greenford area of west London, would create 800 jobs once completed.

The COVID-19 lockdown since March has forced the supermarket sector to bolster online shopping capabilities to cope with a rising tide of orders.

Waitrose said it had seen online orders surge by more than 100% over the past few months and admitted it had been unable to meet demand within London.

The chain had announced in May that it was to open a second warehouse in Enfield, east London by September.

Waitrose said the third centre, to be operated with logistics specialist Wincanton, would “significantly further increase the availability of delivery slots for customers in and around the capital”.

Waitrose

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WSJ is now capitalizing Black

The Wall Street Journal editor for standards and ethics Emma Moody sent out the following on Monday:

The Wall Street Journal, as part of an A-to-Z review of its stylebook that began last year, now uppercases Black, and will use the adjective as the default reference to people and descendants of the Black African diaspora, rather than the less-precise African-American, when race is relevant in an article (Black person, Black literature, etc.) African-American remains acceptable in names of organizations and for people who state a preference for that term. The decision to capitalize Black recognizes the primacy of a racial, cultural and ethnic identity of American descendants of people who were uprooted from sub-Saharan Africa, enslaved and stripped of the diverse identities of their homelands. It can also be used as a broad description for immigrants from Africa and their descendants anywhere in the world. Black, moreso than 

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Thermavis unveils multi-person thermal scanner to protect front-line workers from Coronavirus

A game-changing new product in the fight against Covid-19 has been unveiled today.

The Thermavis Multi-Person Thermal Scanner, a new thermal scanner which accurately reads the skin temperature of up to six people at once, has launched in the UK following £3 million investment in research and development (R&D).

The scanner’s primary function will be to help healthcare organisations like the NHS and businesses quickly and efficiently detect individuals who are carrying a fever – one of the primary symptoms of Covid-19.

The Multi-Person Thermal Scanner is a non-intrusive, cutting-edge thermal camera which is no larger than an iPhone. It uses artificial intelligence and state-of-the-art software to take a reading, in real time, of multiple people’s body temperature with an accuracy of 0.5 degrees Centigrade.

Thermavis is backed by Transputec, the global managed IT services provider. They created the new product to solve the problem of costly, large and

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