Peel Hunt set for smaller-than-expected loss despite challenging UK markets

London firm Peel Hunt has said it is set for a smaller-than-expected loss for the past year (Yui Mok/PA) - (PA Archive)

London investment bank Peel Hunt said it is set for a smaller-than-expected loss for the past year despite a “challenging” six months.

The brokerage is among City firms to have faced pressure from a weak appetite for deal-making and geopolitical uncertainty over the past year.