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By Guy Taylor Hybrid work specialist IWG has said it is on track to meet full-year profit and debt reduction forecasts, after it cautioned over rising costs in March. The Wework rival posted a record £3.5bn in revenue for 2023 back at the beginning of March as it benefitted from growing hybrid working trends. But shares fell on the announcement as overall losses widened, and it cautioned over debt. However, in a trading update posted today, IWG said system-wide revenue grew 2 per cent year-on-year to £1.04bn, while group revenue levelled out at £912m. Net debt also shrunk marginally from £862m…

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