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Giles Insurance Brokers reports £2.25m loss

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Giles Insurance Brokers has reported a £2.25m loss for the year to 31 August in 2012 compared to a profit of £998 000 in the previous year.

The figure includes exceptional costs of £2.8m for the integration of acquisitions (2011: £2.6m), as well as £718 000 in restructuring of equity and debt of the group – Expectrum – and subsidiary

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