Profits at international firm Trowers and Hamlins have fallen sharply, the firm revealed today.

International net profits in the year to 30 April were £100,000, down from £2.5m in 2013-14. Global revenues rose by 2.8% to £79.4m.

The firm, which has not published a formal statement, is reported to have blamed the fall in non-UK profit on a drop in demand in the corporate and banking sectors.  

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