For the second time in 12-month, a no-frills gym is to make the leap and raise money through an IPO to float on the London Stock Exchange. Pure Gym, following in the example of The Gym Group, intend to raise about £190million to help accelerate expansion plans and pay down debts accrued from their rapid growth and purchase of LA Fitness group last year. While many were critical of the ‘budget’ gym approach when it first hit the scenes and are focussing on the many negatives of an IPO post-Brexit, investors and spread betting sites certainly haven’t shared in the...