Towergate hit by £10m H1 loss after loan fee write-off
Towergate has reported a pre-tax loss of £9.9m for the first six months of 2013, in spite of boosted income and flat operating earnings.
In 2012, the broker posted an equivalent pre-tax profit of £10.2m, but said that this year's figures had been impacted by a £14m write off of loan fees from a previous debt structure, as a result of
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