STOCK WATCH

A NARROWED focus at online teaching firm Wey Education is beginning to pay off, as turnover shot up in the six months to February.

The firm, which owns the Interhigh online high school and teaching resources business Academy 21, reported a 54.7pc rise in turnover to £2.7m.

Losses widened to £895,000 from £153,000 due to closures of some operations such as the London Learning Centre, as Wey tried to simplify its structure. But shares climbed 37.9pc, or 2,02p, to 7.38p.