Top adviser firms shed 40% of value in last two years

The study of 200 firms, by Plimsoll Publishing, also found 65 have failed to increase sales, 51 are selling less than they were two years ago and 132 have failed to increase sales at the same rate as their investment. Plimsoll says the results, which also show the UK’s largest 200 firms now control 80% of the market - 4% more than in 2006, suggest companies begin “a serious re-think” of their business models. It adds selling-up may be the most appropriate action in a number of cases given the state of the market. David Pattison, senior analyst with Plimsoll, says: “The recent slowdown in...