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Evening Standard

Business

Oscar Williams-Grut and Mark Banham

Russia exit will cost London Stock Exchange £60 million

Russia London Group London Stock Exchange Group Mark Read LSEG WPP

The exchange has suspended Russia-based companies (Kirsty O’Connor/PA)
(Picture: PA Wire)

Turning its back on Russia will cost the London Stock Exchange Group an estimated £60 million this year, the company admitted today.

LSEG said pulling out of Russia and dumping Russian businesses from the market would knock revenues by an estimated £60 million in 2022.

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