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Royal Mail sell-off helps Hargreaves Lansdown make record profits

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Retail broker made pre-tax profits of £209.8m after record number of people bought Royal Mail shares through company

The founders of Hargreaves Lansdown have reaped more than £68m in annual dividends after Royal Mail's flotation boosted business at the investment company.

Peter Hargreaves, who owns 32.18% of the firm, will make £45.7m while Stephen Lansdown, who owns 15.92%, according to Reuters, will receive £22.6m.

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