Finance News - Business news from the UK and world: Direct Line float costs eat at profits

Finance News - Business news from the UK and world Latest financial news, breaking business news, stocks and share prices from the UK and world from Telegraph.co.uk

Direct Line float costs eat at profits Feb 28th 2013, 07:48 Direct Line, the insurer spun out of RBS last year, saw profits slump more than a quarter as the company footed a heavy bill to make its stock market debut, and a competitive market chipped away at premium sales. Media files: direct-line_2339428i.jpg (image/jpeg, 0 MB)

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