Clarkson Hill shares suspended for second time

This is the second time this year shares in the beleaguered group have been suspended after the group failed to submit its annual accounts in July. The group has been in protracted discussions with the FSA about its capital adequacy requirements after directors Ron Pritchard and Mike Robinson loaned the business £588,000. In October, the IFA's board said it had received an approach regarding a possible offer for the Cambridge-based business. The firm's fortunes also appeared to be recovering as it announced a significant recovery in profits for 2010 after last year's pre-tax loss o...