Economic woes send London Square into the red

By Daniel Gayne2024-01-04T12:37:00

Developer says underlying business is strong despite £28m pre-tax loss

Revenue and profit were down at London Square last year as the developer battled tough economic conditions.

In the year ended 31 March 2023, the group reported revenue of £252m, down from £278m, and suffered a pre-tax loss of £28m - a significant fall from the £22m profit recorded the previous year.

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