Towry loss after £7m systems' investment

Blackmore, Nicole
July 2009
Money Marketing;7/9/2009, p16
The article reports on the £886,000 loss of financial services and information provider Towry Law Financial Planning Services Ltd. in Great Britain in 2008. Results of an analysis on the financial performance of the company show decrease in profits and expenses. Chief Executive Officer (CEO) Andrew Fisher explained that the weak financial performance is due to the £7 million spent in restructuring its internal systems.


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