Simply Business boosts pre-tax profits for 2014

Stock market

Xbridge, the online insurance broker for small businesses operating under the Simply Business name, has reported an 8% increase in pre-tax profits for 2014, according to documents filed at Companies House.

The figure rose to £2.89m from £2.67m over the course of 2014.

However, profit after tax fell 22% from £2.78m in 2013 to £2.17m last year.

There was better news on the turnover front, where Simply

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