Towergate chief admits morale is “mixed” at consolidator
Mark Hodges says half year results in line with expectations.
Towergate Group chief executive officer, Mark Hodges, has admitted that morale at the consolidator is "mixed" as he unveiled a pre-tax loss of £20m for the business and plans to cut 600 jobs.
Speaking to Insurance Age about the figures for the first half of 2014, Hodges said the results were "in line with our expectations and we think they are pretty good in line with the amount of change we are moving the business through".
Job cuts
As part of the developments, Towergate confirmed that 600 jobs
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