Online shopping boosts GB Group

GB Group, the online identity checking software company, has posted a 24 per cent rise in annual revenues as the rise of internet gambling and shopping allowed it to win more business. The Chester-based firm said sales in the year to the end of March were up from £31.8m to £39.4m while profit before tax rose by 40 per cent to £3.5m. However, shares in GB Group fell by four per cent yesterday, with profits at the low end of expectations.