Not everyone does badly out of a recession. You’ve got your undertakers, your rehab clinics and, of course, your spread betting firms. Take the IG Group, for instance, which has announced a 25% year on year growth in pre-tax profit from £125.9m to £157m, thanks to an increase in market volatility towards the end of the year. In the three months to May, a whopping 21,500 financial accounts were opened as punters sought to profit from the turmoil in the finance market. You got to love those merchant bankers, haven’t you? Read more.
Spread betting firm IG Group full year profits up 25%
