News Column

Randall & Quilter makes a loss

August 27, 2014

Junior stock market listed insurance specialists Randall & Quilter swung to a 600,000 loss for the six months ending June due to increased provision for legal costs. The company, which reported a 3m profit for the same period last year, said lower broker debt purchase revenue had also hit results. Chairman and chief executive Ken Randall said: "We anticipated that 2014 was going to be challenging from a financial perspective."

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Source: City A.M. (UK)

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