IG Index, the financial bookie, is taking bets for the first time on individual share moves. The "runners" will be 12 blue chips with speculators able to take a view for up to three to six months. Short-term credit positions may be taken without the costs involved in normal dealing, and "there are no capital gains or income tax involved", says Stuart Wheeler, the managing director.Reuse content
Courtyard Leisure, the London wine bar operator, shaded to 15p as the rumoured deal turned out to be a link with Wiggins, the property group. Wiggins, which has a substantial stake in Tomorrow's Leisure, is taking interests in Courtyard up to 29.9 per cent. Courtyard will run the catering sites at Wiggins' Kent International Business Park and has first refusal at other sites.