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Evening Standard
Evening Standard
Business
Simon English

M&G boss John Foley on Ukraine crisis: ‘It’s a new shade of bad’

M&G CEO John Foley

(Picture: M&G)

The boss of one of London’s biggest fund managers said today’s crisis has no point of comparison with other recent disasters.

John Foley, the chief executive of M&G, thinks financially the Ukraine situation could be worse than the 2008 financial crash.

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