Spaceandpeople swings to loss

Spaceandpeople, the Glasgow-based company that rents out space in shopping centres for companies to advertise their products and services, has swung to a loss for the six months to 30 June.

Its pre-tax group loss cameinat£90,000from a profit of £170,000 12 months previously, while revenue fell 20 per cent to £3.85 million. The firm expects to generate a profit of at least £200,000 for the full year.