IFG, the financial services group, has increased its profits before tax by 5.3 per cent, from £1,019,000 in 1994 to £1,073,000 in 1995. Sales grew by 3.8 per cent from £12.2 million to £12.7 million.

Earnings per share rose from 2.45p to 2.86p. Dividends have been increased by 25 per cent to 0.50p per share.

IFG's balance sheet has been strengthened considerably following the allocation of three million shares in IFG to First National Leisure Services, whose ultimate parent company is Abbey National. This is reflected in the rise in shareholders' funds from £0.98 million to £2.9 million.