Sale of Blackpool pier helps Hemmings
21st September 2012
THE sale of a Blackpool pier last year helped profits grow at Trevor Hemmings' gaming group Cuerden Leisure.Cuerden division Six Piers sold the loss-making North Pier, the town's oldest, to the Sedgewick family in April 2011.In the Chorley-based group's recently-filed accounts it says the sale, together with "cost reduction measures" helped it increase operating profits. The firm employed 321 people during the period, down 20% on the previous year.Cuerden has seen revenues slide in recent years as it has grappled with the impact of......for the full story register now for free or login below...
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