Tullett Prebon To Lower Further 80 Staff

Tullett Prebon Plc TULLF announced its plans to lower another 80 staff. Tullett Prebon said that its 2011 revenue was 910.2 million pounds ($1.4 billion), versus 908.5 million in 2010. Its underlying profit before tax came in at 136.1 million pounds, down from 149 million in 2010.