Investment and wealth manager Walker Crips slipped back into losses in the first half of its financial year, after encouraging progress in 2019/20.
The firm posted a pre-tax loss of £451,000 in the six months to 30 September, compared with a profit of £620,000 in the same period last year.
Revenue fell in both its wealth and investment management divisions. Total revenue before commission and fees for the six-month period was down 7.9 percent to £14.4 million (H1 2019: £15.6 million).