CMC/IG squabble

tradesmart

Experienced member
1,286 22
Interesting find nautical….

There’s been some speculation on other threads about increased competition amongst SB’s resulting in reduced spreads, apart from false advertising claims…..

When I read that IG founder, Stuart Wheeler, has just bought Chilham Castle in Kent for circa. £25million and is embarking on a multi-million refurb, I have another theory…..

They are making so much from the spreads and losing punters, that they will risk making any number of false claims knowing how gullible many of their potential clientele are……..

Hopefully having been caught out will provide a reality check…….

Regards, TradeSmart
 

Airthrey Capital

Well-known member
370 16
It depends upon what you mean by yonks.

Stuart Wheeler certainly didn't own the castle 10 years ago (he lived in Clapham).

I think he bought the castle after IG was floted on the market...so fairly recently.
 

tradesmart

Experienced member
1,286 22
I hear that he's thinking about donating another £5m to the T2W Xmas bash fund.......

he can afford it (allegedly).........! :LOL:
 
 
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