Numis issues profit warning against 'unfavourable' UK backdrop

Expects 'mid to high teens percentage decline' in reported revenues

Numis also revealed plans to move away from its current Paternoster Square headquarters

Numis also revealed plans to move away from its current Paternoster Square headquarters

Numis Corporation has issued a profit warning amid "unfavourable" market conditions that have led to lower levels of trading activity and capital market volumes for UK equities.

In a trading update for the year ending 30 September, Numis said it expected a "mid to high teens percentage decline" in reported revenues for the full year, a fall in profit given gearing levels, and...

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