2008 could be tough broker market

Escalating economic worries, higher prices and tighter spending will combine to make 2008 a tougher ...

Escalating economic worries, higher prices and tighter spending will combine to make 2008 a tougher year in the broker market, according to Plimsoll Publishing. Senior analyst David Pattison said: "The average growth in the sector in 2007 has been 4.9%, but this growth was by no means universal - 37% of companies actually saw their sales decline."

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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