Straight to the bank after 25m contract
Environmental products group, Straight, has won a place on a framework contract with procurement specialist YPO, worth 25m pounds.
Environmental products group, Straight, has won a place on a framework contract with procurement specialist YPO, worth 25m pounds.
It means Straight's products, like home compost kits and recycling containers, can be bought in bulk by YPO and sold at lower prices to local councils.
Jonathan Straight, Chief Executive of Straight (the clue's in the name) said: "we believe that this is testament to the quality of the products and service that we provide to our customers."
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Staright shares had jumped 14.9% by 09:42. Since the start of 2012 the stock has increased 78.5% in value.
BS
-
FTSE 100 hits record highs – why is it rising and will we see more gains?
Advice UK equities have been described as unloved for a long time but as the FTSE 100 hits new highs, we explain if now is the time to buy British.
By Marc Shoffman Published
-
How to invest in copper
It may be time to invest in copper as the red metal appears poised for a big jump. Dominic Frisby looks at what should investors should buy
By Dominic Frisby Published