Stephen Lansdown offloads £200m Hargreaves stake

- An announcement to the stock exchange said he had sold 14.5m shares, worth an estimated £200m.
- The latest sell-off follows a disposal of 5.5m shares in April last year which netted the businessman £50m.
- The sale comes one week after Hargreaves Lansdown shares jumped 14% after the Chancellor announced the merger of the stocks and shares and cash ISAs.