Related News

Man arrested over ‘Lady of the Hills’ killing

Man arrested over ‘Lady of the Hills’ killing

February 2, 2025
Audrey Hepburn will get blue plaque in London – as list of honourees revealed

Audrey Hepburn will get blue plaque in London – as list of honourees revealed

February 13, 2025
Former archbishop was ‘overwhelmed’ by number of child abuse allegations – as he admits he ‘got it wrong’

Former archbishop was ‘overwhelmed’ by number of child abuse allegations – as he admits he ‘got it wrong’

March 29, 2025

Browse by Category

  • Blockchain
  • Breaking News
  • Business
  • Crypto Market
  • Cryptocurrency
  • Entertainment
  • Health Care
  • Politics
  • Technology
  • UK News
  • US News
  • World

Related News

Man arrested over ‘Lady of the Hills’ killing

Man arrested over ‘Lady of the Hills’ killing

February 2, 2025
Audrey Hepburn will get blue plaque in London – as list of honourees revealed

Audrey Hepburn will get blue plaque in London – as list of honourees revealed

February 13, 2025
Former archbishop was ‘overwhelmed’ by number of child abuse allegations – as he admits he ‘got it wrong’

Former archbishop was ‘overwhelmed’ by number of child abuse allegations – as he admits he ‘got it wrong’

March 29, 2025

Browse by Category

  • Blockchain
  • Breaking News
  • Business
  • Crypto Market
  • Cryptocurrency
  • Entertainment
  • Health Care
  • Politics
  • Technology
  • UK News
  • US News
  • World
IIHS NEWS - AI Curated content
  • Home
  • UK News
  • Business
  • Entertainment
  • US News
  • World
  • Technology
  • Politics
  • Health Care
  • Crypto
No Result
View All Result
CONTRIBUTE
IIHS NEWS - AI Curated content
  • Home
  • UK News
  • Business
  • Entertainment
  • US News
  • World
  • Technology
  • Politics
  • Health Care
  • Crypto
No Result
View All Result
IIHS NEWS - AI Curated content
No Result
View All Result
Home Business

Electric cargo bike firm Zedify crashes into administration

Sarah Taylor by Sarah Taylor
January 31, 2025
in Business
0
Electric cargo bike firm Zedify crashes into administration
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

An electric cargo bike logistics company that received backing from an arm of Barclays has crashed into administration after failing to land new funding, triggering the loss of more than 100 jobs.

You might also like

Accountants were paid to place clients into loan charge schemes targeted by HMRC

Bridgepoint close to filling portfolio with £750m dentistry group

Restaurateur speaks out against celebrity chefs and shares his insights on key to great burgers

Sky News understands that Outspoken Logistics Limited, which trades as Zedify, has parachuted in Interpath to handle its insolvency.

It comes after an accelerated search for new capital from investors, which launched before Christmas.

Zedify, which has counted the fashion giant Zara among its partners, operates from 10 logistics hubs across the UK, with the latest launched in Birmingham at the start of November.

It has said that it aimed to be active in 50 UK cities in the next few years, and claims to operate the UK’s largest network of its kind.

Founded in 2018, the company works with retail brands, as well as parcel carriers and independent businesses, to offer sustainable “last-mile” deliveries using cargo bikes.

Follow our channel and never miss an update

The company employed about 150 people prior to the administrators’ appointment.

Money blog: It could be more expensive to buy a bottle of wine or gin tomorrow

TPG and Pinewood owner Aermont eye self-storage group Access

Online fashion marketplace Trouva pauses trading and hunts buyer

Its other existing backers include Green Angel Syndicate and Prova.

Zedify’s hubs in Cambridge and Edinburgh will remain operational, with close to 40 employees retained while the administrators explore options for these sites.

Its Bristol hub is operated by a different legal entity and also continues to trade.

Be the first to get Breaking News

Install the Sky News app for free

Responding to an enquiry from Sky News, Ravi Patel of Interpath said: “Zedify was considered a pioneer within the logistics market, being the UK’s first cargo bike delivery service with a zero-emission, last-mile delivery model.

“We are working to explore all options and are seeking buyers for the business and its assets, including its fleet of electric bicycles and their associated intellectual property, as well as the Zedify brand.”

Read Entire Article
Tags: BusinessSkynews
Share30Tweet19
Sarah Taylor

Sarah Taylor

Recommended For You

Accountants were paid to place clients into loan charge schemes targeted by HMRC

by Sarah Taylor
July 18, 2025
0
Accountants were paid to place clients into loan charge schemes targeted by HMRC

Victims of the loan charge received advice from professional accountants who were being paid to place them into tax avoidance schemes. 

Read more

Bridgepoint close to filling portfolio with £750m dentistry group

by Sarah Taylor
July 17, 2025
0
Bridgepoint close to filling portfolio with £750m dentistry group

One of the London stock market's best-known private equity firms is close to snapping up MyDentist, the UK's biggest provider of NHS dental services.

Read more

Restaurateur speaks out against celebrity chefs and shares his insights on key to great burgers

by Sarah Taylor
July 17, 2025
0
Restaurateur speaks out against celebrity chefs and shares his insights on key to great burgers

Every week, we interview top chefs from around the UK, hearing about their cheap food hacks, views on the industry and more. This week, we speak to Stephen...

Read more

Jaguar Land Rover to cut hundreds of UK jobs

by Sarah Taylor
July 17, 2025
0
Jaguar Land Rover to cut hundreds of UK jobs

Jaguar Land Rover (JLR) has revealed plans to cut 500 jobs as it moves to save costs while battling a sharp decline in sales.

Read more

Jobless rate hits four-year high- but makes interest rate cut more likely

by Sarah Taylor
July 17, 2025
0
Jobless rate hits four-year high- but makes interest rate cut more likely

The UK's unemployment rate has risen to a four-year high, in a surprise deterioration that boosts the case for a Bank of England interest rate cut.

Read more
Next Post
TPG and Pinewood owner Aermont eye self-storage group Access

TPG and Pinewood owner Aermont eye self-storage group Access

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Man arrested over ‘Lady of the Hills’ killing

Man arrested over ‘Lady of the Hills’ killing

February 2, 2025
Audrey Hepburn will get blue plaque in London – as list of honourees revealed

Audrey Hepburn will get blue plaque in London – as list of honourees revealed

February 13, 2025
Former archbishop was ‘overwhelmed’ by number of child abuse allegations – as he admits he ‘got it wrong’

Former archbishop was ‘overwhelmed’ by number of child abuse allegations – as he admits he ‘got it wrong’

March 29, 2025

Browse by Category

  • Blockchain
  • Breaking News
  • Business
  • Crypto Market
  • Cryptocurrency
  • Entertainment
  • Health Care
  • Politics
  • Technology
  • UK News
  • US News
  • World
IIHS NEWS – AI Curated content

IIHS.NEWS will be firmly committed to the public interest and democratic values.

CATEGORIES

  • Blockchain
  • Breaking News
  • Business
  • Crypto Market
  • Cryptocurrency
  • Entertainment
  • Health Care
  • Politics
  • Technology
  • UK News
  • US News
  • World

BROWSE BY TAG

Blockchain Breaking News Business Entertainment Health Care Insidebitcoins newsbtc Politico Skynews Techcrunch Technology UK US USMagazine Variety World

© 2025 iihs.news - all rights reserved. YYC TECH CONSULTING.

No Result
View All Result
  • Home
  • UK News
  • Business
  • Entertainment
  • US News
  • World
  • Technology
  • Politics
  • Health Care
  • Crypto

© 2025 iihs.news - all rights reserved. YYC TECH CONSULTING.