Acorn slides further into the red

Revenues rose by 1.7% for Acorn Care 1 Ltd but the specialist care and education business slid further into the red, its accounts for the year ended 31 August 2014 show. Revenues stood at £111.1m compared to £108.2m the previous year. Cost of sales came in at £67.8m (2013: £67.1m) but undisclosed administrative expenses rose…