QLabel incorrectly renders <hr> + font color + line breaks

-create a QLabel
-set the text to:
"<hr><font color='red'>hr's + font blocks are buggy<br>you end up getting extra space between</font><br>the first two lines"
-you'll find an extra line break after the first line for some reason. You must have both the <hr> and the <font> tag in order to get this to occur.
-the above html is rendered correctly by webkit and other browsers, in other words this is a bug with QLabel

You can easily reproduce this with the attahced .ui file. You can see the problem in the attached screenshot.