Direct Line posts £45m pre-tax loss as operating profit crashes 95%
After a well-documented difficult first three months of the year for Direct Line, financial results for 2022 show just how tough last year was.
Posting a pre-tax loss of £45.1m for 2022 compared with a £446m profit in 2021 represents a 110.1% reduction in fortunes for the group.
Meanwhile, group operating profit from ongoing operations fell
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