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* FTSE 100 down 0.3 pct; down 2.2 pct over quarter * Babcock nearly recoups last week's losses * Miners extend gains slightly on China stimulus optimism (Recasts, updates prices, adds fresh quote) By Tricia Wright LONDON, March 31 (Reuters) - Babcock was the star perform
Read more* FTSE 100 up 0.2 pct but on course for quarterly drop * Babcock nearly recoups last week's losses * Miners extend gains on China stimulus optimism By Tricia Wright LONDON, March 31 (Reuters) - UK shares rose on Monday, led by Babcock after a nuclear contract win and under
Read moreLONDON, March 31 (Reuters) - A slump in UK insurance shares on Friday following news of a planned review of the sector was "not the Financial Conduct Authority's finest hour," its chief executive said on Monday. "Whenever markets move like they did on Friday there is always scrutiny," Marti
Read more* BoE's Bailey: insurance sector well-placed for annuity change * Bailey reiterates that BoE vigilant on housing market By Huw Jones LONDON, March 31 (Reuters) - Banks still need to be persuaded that well-capitalised lenders are important to economic growth, Bank of England Depu
Read more* FTSE 100 up 0.2 pct, but on course for quarterly drop * Babcock nearly recoups last week's losses * Insurers rally after regulator's "blunder" * Miners extend gains on China stimulus optimism By Tricia Wright LONDON, March 31 (Reuters) - Britain's top shares rose o
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LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.
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FTSE 100 - WINNERS
Babcock International Group, up 3.5%. The company said its Cavendish Fluor Partnership has
* FTSE 100 up 0.6 pct * Insurance firms rally after regulator's "blunder" * Miners continue strong rally * Index set for first quarterly fall since June By Alistair Smout LONDON, March 31 (Reuters) - UK shares rose on Monday boosted by appetite for downtrodden insure
Read more(Adds details on funding) LONDON, March 30 (Reuters) - The Financial Conduct Authority will set out plans on Monday for an increase in its annual funding requirement for 2014-15, Sky News reported late Sunday. The multi-media news service said the financial regulator is expected to bu
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Big insurance companies want Martin Wheatley, Chief Executive of the Financial Conduct Authority, to resign after the watchdog sent their shares into freefall by making a misleading announcement about an industry probe, the Sunday Times said. The Association of British Insurers is expected to write
Read moreLONDON, March 30 (Reuters) - Martin Wheatley, chief executive of regulator the Financial Conduct Authority (FCA), is facing calls for his resignation after a gaffe that wiped billions of pounds from the value of insurance companies, the Sunday Times newspaper said. The newspaper said the As
Read moreLONDON, March 29 (Reuters) - The head of the UK parliament's Treasury Committee on Saturday described as an "extraordinary blunder" the leak of a planned review by the financial services watchdog into the life insurance industry, which sent shares in insurers tumbling. The Financial Conduct
Read moreLONDON (Alliance News) - The FTSE 100 closed modestly higher Friday, ensuring that the index closed the week in positive territory for the second week in a row, but was prevented from pushing even higher by another disappointing performance by the FTSE 350 life insurance sector index, which ended
Read moreLONDON (Alliance News) - A top UK regulator Friday said it will Monday publish its new business plan to provide a "picture of the key priorities and areas of work for the year ahead," and confirmed that it will not remove exit fees from closed books or investigate historic sales practices for leg
Read moreLONDON (Alliance News) - A top UK regulator Friday said it will Monday publish its new business plan to provide a "picture of the key priorities and areas of work for the year ahead," and confirmed that it will not remove exit fees from closed books or investigate historic sales practices for leg
Read more* Probe is third knock to savings sector in two weeks * Policies written before 2000 will be inspected by FCA * Insurers are the top six fallers on the FTSE-100 index * FCA forced to bring forward formal announcement of probe (recasts with FCA statement) By Chris Vellaco
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