Marylebone Warwick Balfour Group, which owns majority stakes in luxury retailer Liberty and office space provider MWB Business Exchange, slipped to a first-half pretax loss. However, company chairman Eric Sanderson said the indications were extremely promising for the second half of 2007. MWB's pretax loss for the six months to 30 June 2007 came to £3.8 mln (EUR 5.2 mln), while revenues fell to £1.1 bn. Its net loss was £4 mln, versus a profit of just over £1 mln in the same period last year.
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