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LCG pins hopes on product re-launch after first half struggles

24th September 2015 7:13 am GMT

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 [...]

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