Corporate Services Group, the owner of the Blue Arrow recruitment brand, continues to make a loss.

Interim results for the six months ended in June revealed turnover down 1.5% to £245.3m and an operating loss before expenses of £1.8m.

Exceptional administrative costs and other expenses pushed this figure to £4.8m.

“The restructuring of the group into performance-orientated business units led by experienced management has made excellent progress and will be completed by the fourth quarter of this year,” said executive chairman Tony Martin.

Recruitment and training group Quantica has bought London-based training company Capital Learning for £1.5m. The new acquisition is a privately-owned, government-funded, work-based training company providing NVQs.

Quantica has initially paid £1.15m in cash and £250,000 in shares and, should certain conditions be satisfied, will pay a further £100,000 in loan notes and shares in August.

Capital Learnings recorded pre-tax profits of £263,020 in the 10 months before March this year, on a turnover of £2,693,315. It has net assets of £513,579.

“The acquisition provides us with a greater strategic presence across and London and fits well with the existing Quantica training business in Hounslow,” said Quantica chairman and chief executive Les Lawson.

“This will make the group’s training division one of the biggest training providers in London.”

Recruitment and advertising firm BNB has continued its recent revival by posting a positive set of results for the first half of the year.

The firm had a pre-tax profit of £500,000, an 80% increase from the first half of 2004.

Turnover also rose to £91.4m, an increase of nearly 23% over the same period.

“We have a clear, robust long-term strategy and a strong pipeline of opportunities, both of which give us confidence that we can significantly increase shareholder value in the longer term,” said BNB executive chairman Simon Grinstead.