I've just finished a 1-yr (heavily) discounted sub and am not renewing. Best things about it? Chris Dillow's well argued and cynical economics-based view (stock picking is pointless...) which amusingly contradicts just about everything else in the magazine. Every now and again they run good 'buyers guide' type features, which will tabulate the rates of forex brokers, stock brokers commissions, s/bet spreads, etc. Worst things? Overly splashy features which would lose you a fortune if you followed their strategies, written by over-confident journos. All aimed at long term investors, with little to interest an active trader - except for its 'The Trader' column which is fine but hardly worth buying the mag for. Lists and lists of data such as director buys, unit trust and index performance is just padding in this age of internet data for free.
I was a subscriber for about 10 years until recently, when I let my subscription lapse. For years, IC was the only real UK publication of its type. It was very useful for data and information, and pretty good value for money. after some hefty price rises over the years and vast data availability on the Internet, I see no point in buying the IC any more. The layout has deteriorated in my opinion.
It may be of some use to fundamental analysts or long term investors/savers, but is of next to no use to more active traders.
The last issue I saw said something like 'how to pick winning shares in less than 15 minutes' - I think that sums the magazine up... means well, don't put too much vinegar on or the ink will run all over your chips.