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Evening Standard
Evening Standard
Anna Wise

Investment bank Peel Hunt returns to profit as dealmaking in City recovers

Investment bank Peel Hunt revealed it made a pre-tax profit of £1.2 million in the six months to the end of September (Steven Paston/PA) - (PA Archive)

Investment bank Peel Hunt has returned to profit on the back of a stronger financial market and more dealmaking, but said investor sentiment had weakened since the Budget.

The London-listed company revealed it made a pre-tax profit of £1.2 million in the six months to the end of September, recovering from a loss of £800,000 the prior year.

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