Financial Times FT.com

London Capital thrives on volatility

By Jeremy Grant

Published: January 6 2009 19:08 | Last updated: February 18 2009 20:36

London Capital Group showed how spread betters remain among the few businesses to be thriving from market turmoil by predicting it would meet analysts’ earnings expectations this year, sending its shares up 3 per cent.

LCG reported a 35 per cent rise in pre-tax profit to £12.6m for calendar 2008, on a 57.6 per cent rise in revenue to £29.6m.

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