Jelf share price climbs as it slashes debt

alex alway jelf

Bristol-based Jelf headed by group chief executive Alex Alway (pictured) has seen its share price jump 10 pence today after increasing to 58p valuing the firm at £50m, after it reduced debt to £8m and said results for the year to the end of September would be in line with expectations.

The group has raised finance from private equity house Capital Z after struggling in the economic environment. New broking chief executive Phil Barton has been leading a revamp and rebrand of its broking

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