| Business is booming at CMC, the London-based financial group, and bankers are pressing for a flotation. As founder and owner, Cruddas, 51, will not go down this route until the company is worth £1.5 billion. CMC is a market leader in internet financial spread betting, trading in equities, indices, derivatives, commodities, oil and currencies. In 2004-05 the group made nearly £40m profit and bankers put a £900m valuation on the business. We add £30m for other wealth. |