Budget Group of Companies changes name
The Budget Group of Companies has changed its name to the BGL Group. The broker stated that the name change aimed to reflect the increased breadth and diversity of the company, within its six trading divisions: Budget & Dial, Junction, comparethemarket.com, Bennetts, Fusion and ACM ULR.
For the year ending June 2006 the BGL Group posted pre-tax profits were £22.2m, up 85% on the previous year, while June 2007 profits are forecast to reach £40m.
The Group currently employs 2,255 people, and has created more than a thousand jobs in the past three years.
Peter Winslow, chief executive of the BGL Group, said: “The business has gone from strength-to-strength since its launch fifteen years ago. Each of the Group’s six trading divisions has contributed to this success, sustaining our
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