Howard Kennedy revenues up

Howard Kennedy has reported a 16 per cent rise in revenues to £22m, subject to what managing partner Trevor Newey called the “nonsense” of the debated change in tax on work in progress. Profits were static at £230,000.

Last September, Howard Kennedy merged with Amhurst Brown Colombotti, which has associated offices in Denmark, Pakistan, Spain, Italy, Russia and Poland. Six months of post-merger figures are included in the year-end results. Newey said that approximately 30 per cent of revenues now derived from overseas.