LSE sees profits leap 65%

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The London Stock Exchange (LSE) has seen a 65% rise in pre-tax profits to £238.2m.

Revenues also rose 7% to £675m, with the LSE citing its diversification strategy for the better-than-expected growth figures, reports the BBC. The number of new share issues in London also climbed 68% to 185. In February the LSE, which also owns an exchange in Italy, agreed a merger with Canada's TMX Group.

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