Title: Understanding the Factors Behind Tuffnells Parcels Express Bankruptcy - PowerPoint PPT Presentation

Description: In what is proving to be an incredibly difficult year for businesses across the UK, the delivery company Tuffnells Parcels Express has recently declared bankruptcy.The company has collapsed as a result of fierce competition and a steady increase in costs which has made its means of doing things borderline impossible to keep up with. There have been a total of 2,000 job losses as a result of the bankruptcy, as was recently declared by administrators. Interpath Advisory, the administrators who have been brought in on behalf of the company, also confirmed that an inability to secure further funding has also been a contributing factor towards the business’s collapse. – PowerPoint PPT presentation