Mouchel announces £65m loss

The troubled support services group Mouchel has announced a pre-tax annual loss of almost £65m following a 'disappointing' year.

By Jamie Hailstone | 01 December 2011

The troubled support services group Mouchel has announced a pre-tax annual loss of almost £65m following a 'disappointing' year.

The local government contractor revealed yesterday a 13% drop in revenue in its preliminary results for the year ending July, from £632.6m in 2010 to £551.4m in 2011.

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Popular articles by Jamie Hailstone

  1. Are STPs delivering the change agenda?
  2. It's all about relationships
  3. Turning challenges into opportunities
  4. Frugal authorities may be left exposed to more cuts
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