Ringing the changes

Vodafone are preparing to cut the costs and their employees will be the first to feel the snip. There can be no comforting words for those unfortunate enough to have lost their jobs but every cloud has a silver lining and those employees’ who find themselves receiving their cards, may wish to consider opening a spread betting account.

Who better than to wager against than the company who is struggling to stay afloat? Having suffered at the hands of the redundancy whip it would perhaps be wise to invest in their downturn. However, always bear in mind that what goes down has to go back up but with the correct amount of studying and careful calculated wagers, there could be a small windfall for those who dare to tread in the waters.

Opening an account is step one and as you are appointed a personal account dealer, they will be more than happy to advise on what the best route is for you. Reading the business news, the Financial Times and online trading magazines will provide you with all the information necessary to make some good, informed decisions about your potential spread betting.

According to Bloomberg, the company, which has around 10,000 people under management in the UK, is planning to make the announcement tomorrow.