UK set to face ‘sluggish’ growth in the face of sticky inflation and Bank of England interest rate hikes
IG Group expects to reach profit target despite revenue warning May 22, 2014 IG GROUP, the spreadbetting trading platform, yesterday said a quiet trading period this month would hurt full-year revenues. The group, which allows consumers to bet on the price movement of financial products, said trading in May had been subdued since it last updated the market in March. The group is expected to release its full [...]
Revenues rising for spread better IG Group as retail investors return January 14, 2014 SIGNS of economic recovery have renewed confidence among retail investors who have begun trading more, British financial spread betting firm IG Group said yesterday, as it reported an eight per cent rise in first half profit. IG chief executive Tim Howkins said market conditions in the six months to 30 November were much like the [...]
IG Group says revenues slightly ahead so far in second quarter November 19, 2013 FINANCIAL spread betting firm IG Group said yesterday its revenue was slightly ahead of a year ago so far in the second quarter. The company, which allows investors to speculate on the future price of securities or baskets of securities, said in a trading update that the business had traded satisfactorily through the period, but [...]