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Business Comment

Simon English: WorldSpreads should open the book on Foley

Outlook: WorldSpreads should open the book on Foley

Farewell Conor Foley, the likable, and jovial chief executive of spread betting house WorldSpreads.

He quit yesterday, just two weeks after the firm unveiled a profit warning it blamed on "an unusual pattern of client trading".

A statement said that Mr Foley, still the company's largest shareholder, has left "with immediate effect to pursue other interests".

More information than this may need to be forthcoming.

What were those unusual patterns? Is there anything else to declare? I merely ask.