Spread betting pioneer IG Group saw a high level of client activity in the second quarter of its financial year, continuing the trend seen in the first.
As a result, the group currently expects to achieve revenues in excess of £193.0m for the first half, compared to £156.7m in the corresponding period for the prior year, a 23% gain.
Costs have been in line with management's expectations.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The group will issue a more detailed trading statement on Tuesday, December 13th, 2011 for the period ending November 30th, 2011.
--
jh
-
What happens if you can’t pay your tax bill, and what is "Time to Pay"?Millions are due to file their tax return this Friday as the self-assessment deadline closes. Though the nightmare is not over until you pay the taxman what you owe - or face a penalty. But what happens if you can't afford to pay HMRC your tax bill, and what is "Time to Pay"?
-
What does Rachel Reeves’s plan for growth mean for UK investors?Rachel Reeves says she is going “further and faster” to kickstart the UK economy, but investors are unlikely to be persuaded
