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Bosses grumble at 9% fee hike for Bloomberg terminals: ‘It’s a chunky expense. I’m not thrilled.’
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fnlondon.comSoaring inflation has seeped into almost every layer of the economy — even the City trading floor.
Bloomberg sent a 25 August letter to clients this month saying at the start of next year, they face a price increase of as much as 9.65% for the terminals, which are ubiquitous among professional traders at hedge funds, brokerages and banks.
"It's...
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