Tolent suffers £4.3m loss after High Street Group collapse hit
The Gateshead-based Tolent suffered a £4.3m loss last year, after a £2.1m hit from the collapse of the High Street Group and a loss-making contract.
This latest set-back follows an £8.3m loss the year before and prompted a major financial restructuring at the firm, which achieved a 7% rise in revenue to nearly £200m.
Mark Overton, chief financial officer at Tolent, said: “We have worked hard over the last 6 months to financially strengthen the business and increase
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