A 'DOUBLE digit' rise in revenues and pre-tax profits has been revealed by a Bolton finance specialist.

Directors at K3 Capital have made the announcement ahead of their interim results for the first half of the 2019/20 financial year being released.

Profit margins are expected to come in at 40 per cent plus, with the number of recorded completed transactions rising by 30 per cent year on year.

This stellar performance is said to have been driven primarily by their central brands, Knightsbridge and KBS Corporate.

John Rigby, K3 chief executive, said: "We are pleased to report another very solid H1 performance with more transactions completed during the first half than ever before, a particularly encouraging performance in the context of the difficult market backdrop of political and economic uncertainty.

"This growth is further backed up by a record number of deals in the pipeline that underpins our confidence of continued growth in the second half of FY20 and beyond."

The formal announcement on the interim results is scheduled to be delivered on February 4.

Directors say they are now looking for political stability after the December 12 elections.