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FinnCap is rolling back its ambitions to branch out into new business lines due to tough economic conditions

Online Editor

Investment Banking Editor

City broker FinnCap is putting its expansion plans on ice, cutting jobs and shrinking office space amid a brutal outlook for equity capital markets deals.

Revenue at the broker halved to £16.4m as a result of the slump in deals, according to its results for the half year to 30 September.

FinnCap cuts jobs and office space amid ‘challenging’ environment

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