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British Land hit by charge on derivatives

Language: English Series: Financial Times ; 8 June 1999, 24(1)Publication details: 1999Subject(s): Summary: Profits at British Land fell from £127.2m to £55.3m for the year to 31 March 1999, after a £68m exceptional charge for cancelling an interest rate hedge.

Profits at British Land fell from £127.2m to £55.3m for the year to 31 March 1999, after a £68m exceptional charge for cancelling an interest rate hedge.