LSE boss Xavier Rolet stands down after 'unwelcome publicity'

London Stock Exchange Group boss Xavier Rolet has stepped down with immediate effect, blaming "unwelcome publicity" amid a mounting row over succession plans for the top job.

Mr Rolet had announced last month that he would step down by the end of 2018, but the move sparked a spat between the group and activist investor The Children's Investment Fund Management (TCI), which accused the group's chairman of pushing out Mr Rolet.