TROUBLED credit card protection policy firm CPP has confirmed that mobile phone operator Everything Everwhere is not renewing its contract.

The company said that while the news would hit revenues it would not have an "immediate materal impact" on the group's operating profit and cash flow this year and next.

CPP had provided mobile phone insurance to customers of T-Mobile, now part of Everything Everywhere.

CPP chief executive Paul Stobart said: "CPP has enjoyed a strong working relationship with T-Mobile and ......for the full story register now for free or login below...