Shares in London Capital Group (LCG) fell by more than 17 per cent in London this morning to a new 52-week low after the UK-based spread betting and CFD provider posted a loss of £7.2m for the first half of 2015.

Revenue slumped by 42 per cent to £5.3m which the company attributed to “challenging” market conditions, with relatively low levels of volatility across financial markets for much of the period.

Revenue from its core UK financial spread betting and CFD business dropped 33 per cent to £5.1m,...

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