Admiral keeps profits on track

Staff at car insurer Admiral have landed another £1,500 shares bonus after the group improved profits by 7% despite the competitive UK market.

The company, which is the second largest insurer in the UK with 2.9 million customers, reported pre-tax profits of £171.8 million in the six months to June 30 as it grew the number of vehicles on its books by 11% to 3.5 million.%VIRTUAL-SkimlinksPromo%