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Home Care Markets Business Reversal of fortune for Tunstall as public sector cuts begin to bite

Reversal of fortune for Tunstall as public sector cuts begin to bite

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Telecare and telehealth specialist, Tunstall Healthcare Group, reported huge losses for the year ending 30 September 2011 following a year of government spending cuts and NHS reform.Operating profit before amortisation of goodwill and exceptional items grew slightly to £37m (2010: £36m) but was eclipsed by interest payable (2011: £81m – 2010: £68m) and left Tunstall…

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