Losses increase at Life Style Care

Turnover at Life Style Care plc rose marginally from £19.8m to £19.9m for the year ended 31 March 2016. Subtracting cost of sales of £13.6m (2015: £12.9m), administrative expenses of £3.4m (2015: £2.7m) and operating lease costs on land and buildings of £5.5m (2015: £4.6m), the care home provider made an operating loss of £2.5m…