Financial services firm Hargreaves Lansdown has seen revenue and profit fall in the first half of this year as it announced a digital growth strategy to “redefine” wealth management.
In a set of interim results for the six months ending December 31 2021, the Bristol-based company said revenue dipped by 3% to £291.1m from £299.5m for the same period a year earlier.
Profit before tax dropped by 20% to £151.2m - down from £188.4m in 2020, while net new business dropped by 28% from £3.24bn to £2.32bn.
