Covid-19 pandemic drives Biba turnover down 36%
The British Insurance Brokers’ Association’s turnover fell by 36% in 2020, however, funds ticked up slightly to just over £4m in the period.
A filing at Companies House showed that members’ funds at the end of the year had reached the figure up from £3.9m in 2019.
However current assets fell from £9.2m to £6.5m between the two periods
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