The UK aquisition had more than just one problem. If you cast your mind back to late 2015 there was a proposal floated by (now ex) British Chancellor George Osborne that would severely limit "whiplash" claims. Here's an article from the time:
copyright link/finance/newsbysector...whiplash-george-osborne-autumn-statement.html
I believe these changes never went through (I'll admit i stopped paying attention) as Osborne stood down. Long term it ended up being a non issue for Slater beyond being yet another hit to the share price but early on it was a bit part of the storm following the aquisition. In regards to Shine the key point I was making is that these types of regulatory change can potentially happen and if they do can severely impact the profitability of a firm like Shine. Branching out into other areas of practise mitigates this risk (but creates some others if they stray from their circle of competence)
The UK aquisition had more than just one problem. If you cast...
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