Review of the year: August 2017

Review of the Year 2017 - August

5) Ageas Retail published its results in August and the figures revealed that its Kwik Fit closure, which was confirmed in January, cost the company £27.2m. The closure put 521 people at risk of redundancy.

Losses bite at Ageas Retail after Kwik Fit closure

The cost of closing its Kwik Fit brand Glasgow office pushed Ageas Retail into a loss of £25.2m for the year ending 31 December 2016.

The figures, reported to Companies House, showed that it cost Ageas Retail £27.2m to close the Glasgow

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