Previously we highlighted the scale of the investment programme being undertaken in the business during 2019. This investment in headcount and IT infrastructure has been accelerated in order to reflect opportunistic events, notably a large customer providing notice on an existing contract and preparations for a ‘no deal Brexit’. Unfortunately trading in several businesses has failed to match previous expectations, which would have otherwise covered the rising costs.
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Tougher trading
- Published:
30 Jul 2019 -
Author:
David O’Brien -
Pages:
5
Previously we highlighted the scale of the investment programme being undertaken in the business during 2019. This investment in headcount and IT infrastructure has been accelerated in order to reflect opportunistic events, notably a large customer providing notice on an existing contract and preparations for a ‘no deal Brexit’. Unfortunately trading in several businesses has failed to match previous expectations, which would have otherwise covered the rising costs.