Wheeler's Tory Bet Is at Odds with City

Evening Standard - London › February 28, 2005

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Summary

CITY traders are continuing to back a Labour majority of between 50 and 60 seats in the next parliament, despite one of the most successful spread-bet executives of recent years punting on a Conservative revival.

Stuart Wheeler, former chairman of spread-betting firm IG, has opened an account with his old company and put money on the Tories to do better than IG's quote.

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Wheeler's Tory Bet Is at Odds with City

Wheeler, who contributed Pounds 5 million to former Tory l...

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