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M&G: FTSE 100 giant hits out at Rayner’s ground rent cap as it suffers loss

1 source ·1 article ·2h ago

Asset manager M&G has swung to a loss driven by the Labour government’s introduction of a cap on existing ground rents. The FTSE 100 group hit out at the government after it reported a £165m loss for the first six months of the year, driven…

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