Manchester move helps internet firm get back on track

TalkTalk's offices in Salford
The move to Manchester has helped stabilise costs at online firm TalkTalk. Earlier this year the firm moved its headquarters out of London and to Media City with the aim of cutting costs. The firm has published its first set of results since the move. The firm saw EBITDA growth of 16.7% driven by a larger average base, increased Fibre penetration and a materially lower cost base. The firm had a statutory operating profit of £47m and a statutory loss before taxation of £5m. There was a £42m cost associated with reorga... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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