Speedy Hire racks-up £32m loss

Speedy Hire has posted a pre-tax loss of £32.3m in its latest results.
The plant and tool hire giant showed revenue flat at £416.1m for the year to March 31 2026 as pre-tax losses deepened to £32.3m from £1.5m last time.
Bosses blamed “continued macro‑economic uncertainty and subdued activity level” and higher borrowing costs for investment in new kit.Chief Executive Dan Rayner said better times were ahead as the company’s “Velocity” gr