Rod Waldie, chief executive officer, Gateley. Courtesy photo. Gateley After-Tax Profits Take 47% Hit After Recent Acquisitions
Staff bonus payments will not be paid out this year, with the firm citing 'the challenging economic back drop'.
September 06, 2023 at 06:24 AM
2 minute read
Listed U.K. law firm Gateley has announced reported group profits after tax of £12.2 million—representing a 47% drop on last year's figure.
While underlying operating profit climbed by 11% to £25 million, the firm said that discretionary staff bonus payments would not be paid out this year, "due to the challenging economic back drop".
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