Brit Syndicates Limited has provided the following result and updated forecast in respect of Syndicate 2988.

 

Year of account

Capacity
£000s

Result/Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2018

98,430

-19.6% loss

-25.1% to -19.2%

2.6 points better

2019

97,708

-21.4% to -13.5%

-20.5% to -10.4%

2 points worse

As ever, syndicate forecasts are expressed as a percentage of allocated capacity and are after all standard personal expenses but before members’ agents’ fees and charges.