Purple, the owner of EasyEquities, has warned it will report a loss for the year to end-August, largely as a result of plunging activity on its share-trading platform.

Purple’s share price dropped by as much as 9.5% to 57c after issuing a trading statement for the 12 months to end-August on Thursday, though it pared the losses to 1.59%, closing at 62c on Thursday...

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