Bank of England rate rise to boost IFG revenues

Irish-founded financial services group IFG has said the Bank of England’s recent interest rate rise will boost revenues and operating margins next year.

Irish-founded financial services group IFG has said the Bank of England’s recent interest rate rise will boost revenues and operating margins next year.

In its latest trading update for the first 10 months of the year, the group, now solely focused on the UK financial advisory and pensions market, reiterated confidence for its financial improvement next year after being blighted by restructuring and legal costs in 2017.