Acorn remains in the red

Acorn Care 1 Limited reported revenues of £114.6m, an increase of 3.2% on the previous year’s £111.1m, for the year ended 31 August 2015. Cost of sales stood at £68.6m (2014: £67.8m) and administrative expenses were £52.4m (2014: £58.3m), leaving the provider of care and education for children and young people with special needs with…