Budget record profits

The Budget Group of Companies announced record pre-tax profits of £22.2m, for the year ended June 20...

The Budget Group of Companies announced record pre-tax profits of £22.2m, for the year ended June 2006, an increase of 85%. Gross written premium climbed to £376m, policies under management were up 34% to 1.4m. Peter Winslow, chief executive, Budget Group of Companies, said: "The Group has generated 50% organic compound growth for the past five years and this year has exceeded expectation." TBG has also focused on the internet. Winslow continued: "We expect to have two million car, home

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