Roadchef, the UK’s third largest motorway services provider, has secured a new c£30m funding package, which it will use to revamp half a dozen of its sites. According to The Times, the 20-strong group, which is led by Simon Turl, has agreed the new working capital and long-term development funding package with Barclays. The group is currently coming to the end of a refurbishment programme it commenced in 2010, which has seen a number of new generation sites launched. Last October, the company reported a pre-tax loss for the year to 4 January 2011, as it undertook a £10.5m development plan of its estate. It reported a pre-tax loss of £2.2m for the year against a pre-tax profit of £7.9m in the previous 12 months. Operating profit for the year stood at £6.8m down from £17.5m in 2009. Last August, the group acquired First Motorways, which operated the Magor services on the M4 and the Symonds Yat services on the A40, for an undisclosed sum understood to be close to £10m.