8 February 2024, 10:18 GMT
Updated 1 hour ago
Parcel delivery firm Yodel has said it is in the “final stages” of talks over options for the company amid concern over its future.
The company, which employs about 10,000 people, said discussions with “interested parties” were ongoing and “constructive”.
Reports suggest the firm is looking for a buyer, and that it could call in administrators if one is not found.
Yodel said its “operations continue without any disruption”.
The firm is owned by the Barclay family and one of its largest clients is online retailer Very, which is also owned by the Barclays.
On Wednesday, Sky reported that the Barclay family was urgently seeking a buyer for Yodel, with The Delivery Group among the possible suitors.
The BBC has approached the Barclays for comment.
A Yodel spokesperson said: “In the summer of 2023, following a number of unsolicited approaches, we hired…
