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Evening Standard
Evening Standard
Business
Simon English

End of share trading boom hits dividend to top Tory donor Lord Cruddas

Conservative Party donor Peter Cruddas was sworn in to the House of Lords in February 2021 following a row over his appointment (House of Lords/PA)

(Picture: PA Archive)

LORD Peter Cruddas, a top Tory party donor and Boris backer, today felt the pain from the end of the lockdown inspired investment boom that saw new customers flock to share trading.

His CMC Markets firm saw profits for the year to March sink 59% to £92 million, on income down 31% to £282 million.

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