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Phil Barton: UK broking is just like the Premier League, but that’s not a good thing

By 2020-06-05T09:27:00

Football

The chief executive said that the increasing EBITDA multiples being paid for brokers has damaged best practice while only lining the pockets of private equity firms and a select few lawyers and entrepreneurs

Partners& chief executive Phil Barton said the rise in the prices being paid for broking businesses has created a flow of capital into the sector that has damaged best practice and weakened the service provided to clients.

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