L
L

Legal&Gen


News

Britain proposes post-Brexit easing of insurer capital rules

By Huw Jones LONDON, April 28 (Reuters) - Britain launched public consultation on Thursday for a post-Brexit relaxation of capital rules for insurers, in a step the government said would increase investments in long-term infrastructure. Britain inherited rules known as Solvency II from the European Union, and reforming them is seen by the 2.2 trill
A
L

British Business - March 17

(Corrects date in headline and dateline) March 17 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times Energy companies and traders are calling for emergency support from governments or central banks to prevent them running
F
G
L
T

UK Stocks-Factors to watch on March 10

March 10 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Thursday, with futures FFIc1 up 0.21%. * NATIONAL EXPRESS: National Express NEX.L swung to an annual profit on Thursday and said it was considering its options for Stagecoach SGC.L after a rival suitor outbid the bus and train operator. * DS SMITH: Cardboard maker DS Smit
L
T
U

UK Stocks-Factors to watch on March 10

March 10 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Thursday, with futures FFIc1 up 0.4%. * RIO TINTO: Rio Tinto RIO.L RIO.AX became the first major mining company to announce it was cutting all ties with Russian businesses, joining a raft of leading Western companies in a pullout following Moscow's invasion of Ukraine. *
L
T
U

UK Stocks-Factors to watch on March 9

March 9 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Wednesday, with futures FFIc1 up 2.05% * 888 HOLDINGS: British gambling group 888.L said its pre-tax profit for 2021 tripled from a year earlier, as its online casino services in its core European markets remained popular among gamblers. * PRUDENTIAL: Insurer Prudential PR
L
S
T
U

UK Stocks-Factors to watch on March 9

March 9 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Wednesday, with futures FFIc1 up 1.1% * UNILEVER: Unilever ULVR.L on Tuesday became the first major European food company to stop imports and exports out of Russia after the country's invasion of Ukraine. * LSE: London Stock Exchange Group on Tuesday said it will suspend t
L
T
U

Britain to unlock 'billions of pounds' by easing insurance capital rules

By Huw Jones LONDON, Feb 21 (Reuters) - Britain will unlock "tens of billions of pounds" of insurance sector capital that should boost the economy through infrastructure investment, financial services minister John Glen said on Monday. The six-year old 'Solvency II' capital requirements were inherited from the European Union when Britain left the b
A
L

Britain to unlock 'billions of pounds' by easing insurance capital rules

By Huw Jones LONDON, Feb 21 (Reuters) - Britain will unlock "tens of billions of pounds" of insurance sector capital that should boost the economy through infrastructure investment, financial services minister John Glen said on Monday. The six-year old 'Solvency II' capital requirements were inherited from the European Union when Britain left the b
A
L

UK Stocks-Factors to watch on Feb. 10

Feb 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat on Thursday, with futures FFIc1 up 0.03%. * UNILEVER: Unilever ULVR.L forecast higher sales, but lower margins, for this year as it grapples with soaring inflation, and ruled out big acquisitions following recent investor criticism of its failed pursuit of GlaxoSmithKline's cons
A
A
B
G
L
R
R
V
A
U

UK Stocks-Factors to watch on Feb. 10

Feb 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat on Thursday, with futures FFIc1 down 0.01%. * PRUDENTIAL: Insurer Prudential Plc PRU.L said that its Chief Executive Officer Mike Wells would retire at the end of March this year, and his replacement will be based in Asia instead of London. * LEGAL & GENERAL: British insurer Leg
A
B
L
R
R
V
U

UK university pension scheme to add climate focus to 5 bln stg of AUM

LONDON, Jan 24 (Reuters) - Britain's Universities Superannuation Scheme (USS) will add a climate focus to 5 billion pounds ($6.77 billion) of its assets under management to meet climate targets, it said on Monday. The climate focus will initially reduce emissions compared to the broad equity market by at least 30%, and further cut its carbon intens
A
L

EU to delay decision on green investment label for farming, sources say

* European Commission drawing up green investment rules * Debate over how to classify activities in the transition * EU decision expected this month on gas and nuclear By Kate Abnett and Jan Strupczewski BRUSSELS, Dec 7 (Reuters) - The European Union is set to decide this month whether investments in gas and nuclear energy should be labelled climat
A
L

EU to delay decision on green investment label for farming, sources say

* European Commission drawing up green investment rules * Debate over how to classify activities in the transition * EU decision expected this month on gas and nuclear By Kate Abnett and Jan Strupczewski BRUSSELS, Dec 7 (Reuters) - The European Union is set to decide this month whether investments in gas and nuclear energy should be labelled climat
A
L

London's FTSE 100 down as miners weigh; Wickes group soars

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Wickes Group rises on updated FY profit outlook * Miners slip, but posts weekly rise * FTSE 100 down 0.1%, FTSE 250 off 0.3% (Updates to close) By Bansari Mayur Kamdar Dec 3 (Reuters) - London's FTSE 100 erased early gains to end lower on
H
L
U

UK's FTSE 100 eyes weekly gain as oil stocks rally outweighs Omicron worries

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * FTSE 100 rises 0.5%, FTSE 250 gains 0.6% Dec 3 (Reuters) - UK's FTSE 100 rose on Friday, on course for weekly gains as a jump in commodity-linked stocks helped the blue-chip index shake off gloom around the Omicron variant of the coronavir
H
L
U

Clara-Pensions opens for UK superfund deals after watchdog clearance

By Carolyn Cohn LONDON, Nov 30 (Reuters) - Pensions consolidator Clara-Pensions is open to deals to manage UK company final salary benefit schemes after becoming the first British firm to win regulatory clearance to act as a superfund, it said on Tuesday. Pension superfunds are designed to manage several pension schemes together, and offer a lower-
A
L
P

Banks make slow progress on UK gender pay, while gap widens for insurers

By Carolyn Cohn and Iain Withers LONDON, Oct 4 (Reuters) - Major banks in Britain made a slight dent in their gender pay gaps last year, according to a Reuters analysis, though industry observers say they still have a long way to go. Several insurers went backwards. Companies in Britain with more than 250 employees have been required to publish the
A
B
C
D
G
H
J
L
S

UK Stocks-Factors to watch on Aug 24

Aug 24 (Reuters) - Britain's futures FFIc1 up 0.10% on Tuesday. The FTSE 100 .FTSE index ended higher on Monday after recording its worst week since February. * Wood Plc WG.L forecast lower annual revenue after the engineering and consultancy firm reported a 14.1% fall in first-half profit, hurt by a drop in contracts from the energy sector due to
L
P
W
B
U

UK Stocks-Factors to watch on Aug 24

Aug 24 (Reuters) - Britain's futures FFIc1 up 0.18% on Tuesday. The FTSE 100 .FTSE index ended higher on Monday after recording its worst week since February. * BHP GROUP: BHP Group BHP.AX is at risk of a two notch downgrade that would provoke its lowest ever credit rating as the sale of its petroleum business raises the miner's dependence on its m
L
P
W
B
U

UK Stocks-Factors to watch on Aug 23

Aug 23 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 36 points higher on Monday, according to financial bookmakers, with futures FFIc1 up 0.74%. * EASYJET: British airline easyJet EZJ.L named former RBS Chief Executive Officer Stephen Hester as its chair designate to succeed John Barton, who will step down in December following nine ye
E
L
U



Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.