Trading suspended as Fairpoint loses financial backing

Adlington-based professional services company Fairpoint Group has suspended trading in its shares on AIM following its bank's decision to withdraw financial support.

A statement read: "The company has been notified by its bank, AIB Group, that it is unwilling to provide the level of on-going support requested.

"Dealings in the company's ordinary shares shall therefore be temporarily suspended under AIM Rule 40 until such time as its accounts have been duly published."

potential job lossesthat last year's profits were half of that of 2015

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