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LSE invests pre-Brexit

The exchnage is attempting to save costs and re-invest in its business pre-Brexit
LSE invests pre-Brexit

Full-year numbers from London Stock Exchange Group (LSE) were largely as expected, but chief executive David Schwimmer found himself soothing investors’ concerns about the UK’s upcoming departure from the European Union (EU). The group announced 250 job cuts on results day to "remove role duplication" and "reduce the number of contractors", which could be interpreted as an attempt to claw back costs in the face of market uncertainty.

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