Towergate shrinks full year losses to £6m

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Towergate has improved its figures for the year ending 31 December, declaring a pre-tax loss of £6.1m, despite worsening performance from its network division.

The loss moves Towergate closer to profit following 2011's full year pre-tax loss of £27m.

The broker also reported improved total income of £438.5m, up by £10m on last year's figure of £428m.

The

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