Yodel 'exploring options' amid speculation over future

Parcel delivery firm Yodel has said it is "Exploring options" as speculation grows over the company's future. Yodel employs 10,000 staff and delivers goods for a number of retailers such as John Lewis, Argos and AO World. On Wednesday, Sky reported that the Barclay family was urgently seeking a buyer for Yodel, with The Delivery Group among the possible suitors. Following the report, Yodel said it was "Currently exploring strategic development options following a number of approaches". Yodel is one of the biggest courier companies in the UK. Last year, the company said it delivered 191 million parcels, with revenues up 3.4%. However, last year Citizens Advice rated Yodel as the joint worst of the largest five UK courier firms.

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