Towergate losses hit £21.3m
A second quarter report from Towergate has revealed the broker lost £21.3m in the first half of the year, up from £13.7m in the same period of last year.
It also showed the firm paid £43.3m in interest in the six months to the end of June 2011. Group turnover fell to £189.5m from £191m in the comparable period the year before.
EBITDA for the two
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