Paul Stockton

Pre-tax profits fell by almost a third at Rathbones in 2022 as the combination of difficult market conditions and significant technology investments made its impact.

Pre-tax profits fell 32.5 percent from £95 million to £64.1 million in the year to 31 December 2022.

Meanwhile, operating income increased 4.6 percent from £435.9 million to £455.9 million.

Total operating expenses were up 14.93 percent from ...