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London Stock Exchange
Revenue £1.16bn Dividend 10.8p

It is a measure of how far the London Stock Exchange has changed under Xavier Rolet, the chief executive who arrived in 2009, that its indices business should account for more than a quarter of all revenues next year.

Before the purchase of the remaining half-stake in the FTSE indices in 2011, that business barely moved the dial when the LSE reported figures. Now it has been amalgamated with its equivalent within Russell, the American company bought at the end of last year.

The halfway numbers showed the impact on its LCH. Clearnet business of the loss from last September of the contract to clear for the London Metal Exchange, which had been widely signalled beforehand. This accounted