Broking Break: Your top five of the week
It has been a week of finance related stories with two high profile acquisitions and three sets of company accounts making up the top five.
5) Simply Business posts climbing profits for the year before Travelers takeover
Xbridge, which trades as Simply Business, has reported profit after tax of £6.43m for the year ended 31 December 2016, a 53% rise on the previous year.
The figures in a filing at Companies House showed that the firm also delivered a 26% increase in turnover to £48.0m (2015: £38.1m).
Operating profit grew by 47% to £7.36m from £5.02m in 2015.
4) Profits up at SEIB
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