Legal & General Share News (LGEN)

Sector movers: Life insurers pace losses, BoE says 'you've got three days'

(Sharecast News) - Life insurers were at the bottom of the pile on Tuesday amid continued selling pressure in longer-term Gilts that forced the Bank of England to intervene for the second time in three days.

FTSE 100 falls for fifth session, eyes on BoE moves to stem bond rout

Banks, insurers among the biggest decliners

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LONDON BROKER RATINGS: Berenberg cuts Anglo American and Gem Diamonds

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

CBRE joins other UK property funds in deferring payments

LONDON, Oct 5 (Reuters) - CBRE Investment Management has deferred redemption payments on its UK property fund due to market conditions, it said on Wednesday, joining several other funds taking similar steps to avert a cash crunch following recent turmoil in UK money markets.

UK shares record best day in months; Greggs surges on higher sales

FTSE 100 up 2.6%, FTSE 250 adds 3.1%

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Some UK property funds defer investor withdrawals

LONDON, Oct 4 (Reuters) - Some of Britain's top open-ended property funds are rolling out new measures to manage investor exit requests, as challenges in meeting redemptions continue to rise amid a sell-off in some UK risk assets.

LONDON MARKET MIDDAY: Investors hopeful rate hike speed will slow

(Alliance News) - European equities traded sharply higher on Tuesday morning, with investors optimistic that central banks will temper the pace of interest rate hikes, following less-than-stellar factory data from the across the globe.

TOP NEWS SUMMARY: L&G gets boost from BoE bond-buying intervention

(Alliance News) - The following is a summary of top news stories Tuesday.

TOP NEWS: Legal & General says on track to deliver annual growth

(Alliance News) - Legal & General Group PLC on Tuesday said it has maintained positive momentum from the first half into the second, "despite market volatility", which has had a "limited economic impact" on the firm.

LONDON MARKET OPEN: Stocks rise as market sentiment recovers

(Alliance News) - Stock prices in London opened sharply higher on Tuesday, lifted by more positive market sentiment following the UK government's tax U-turn, as well as some positive trading updates.

LONDON BRIEFING: Pound, oil, gold up; Truss vows fiscal responsibility

(Alliance News) - Stocks in London are called higher on Tuesday, as the market watches closely for further clues regarding the UK's economic direction.

Legal & General says investment arm not exposed to LDI turmoil

(Sharecast News) - UK insurer Legal & General on Tuesday moved to reassure investors that its investment arm had no exposure to recent turmoil in the liability-driven investment (LDI) market caused by Finance Minister Kwasi Kwarteng's recent mini budget.

UK pension funds ask corporates for cash after gilt blow-up -sources

LONDON, Sept 30 (Reuters) - British pension funds with big losses in gilt market derivatives have sought emergency funds from the companies they manage money for as they race to dump assets to raise cash, industry sources said on Friday.

Why are Britain's pension schemes dumping gilts?

LONDON, Sept 28 (Reuters) - A dramatic upswing in British government bond yields this week triggered calls for cash from defined benefit pension funds, forcing them to slash positions and prompt the Bank of England to mount an emergency 65 billion pound ($69 billion) bond buying programme in an effort to stabilise the market.

UK dividends calendar - next 7 days