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The Weather Lottery seeks disposal of FC Betz brand

6th December 2011 10:12 am GMT

Shares in The Weather Lottery plc slumped more than 19 per cent in London yesterday after the company said that it expects to report pre-tax losses of £740,000 for the six month period ended July 31st.

In a trading update to the London Stock Exchange yesterday, The Weather Lottery (TWL) said that losses from the company’s FC Betz business amounted to £267,000 during the period, despite the elimination of club sponsorship expenses and a reduction in [...]

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