LONDON (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 More
LONDON (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
LONDON (Alliance News) - The life insurance sector was dragging down UK stock indices again Friday after the UK Financial Conduct Authority said it is set to begin an inquiry into up to 30 million policies sold from in the years prior to 2000.<br /><br />The FTSE 350 sector is down 5.0% in rea Read More
(Correcting news item published at 1042 GMT to clarify Spanish data was for March.) LONDON (Alliance News) - UK stock indices are higher Friday, despite life insurers providing a drag for the second time in as many weeks, while growth in UK GDP in 2013 has been confirmed at 2.7%. By m Read More
LONDON (Alliance News) - The following is a summary of top news stories Friday.<br />----------<br /><strong>COMPANIES</strong><br />----------<br /><strong>Capital & Counties</strong> <strong>Properties</strong> PLC said it has formed a joint venture with Transport for London that will al Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Friday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Glencore Xstrata</strong>, up 1.9%, Anglo American, up 1.6%, and Rio Tinto, up 1.4 Read More
LONDON (Alliance News) - UK stock indices are higher Friday, despite life insurers providing a drag for the second time in as many weeks, while growth in UK GDP in 2013 has been confirmed at 2.7%. By mid-morning Friday the FTSE 100 is up 0.4% at 6,614.00, the FTSE 250 is up 0.1% at 16,220.5 Read More
LONDON (Alliance News) - UK shares have opened higher Friday, as a consumer confidence survey has reinforced positive sentiment from strong UK retail sales figures released on Thursday.<br /><br />British consumer confidence hit its highest level since August 2007 on upbeat general economic an Read More
LONDON (Alliance News) - Aviva PLC Friday said it is to sell US equity manager River Road Asset Management LLC to asset manager Affiliated Managers Group Inc, as it continues to implement its strategy of simplifying its business model. The FTSE 100 life insurer and asset manager said its Av Read More
LONDON (Alliance News) - <strong>RSA Insurance Group</strong> Tuesday launched a GBP773 million fully-underwritten, discounted rights issue in order to shore up its balance sheet, as Chief Executive Stephen Hester's recovery plan for the troubled FTSE 100 insurer begins to take shape.<br /><br Read More
LONDON (Alliance News) - Aviva PLC Tuesday said it has sold its Turkish general insurance business, Aviva Sigorta AS, to a private equity consortium led by EMF Capital Partners, as the FTSE 100 life insurer continues its strategy of narrowing its focus to business with more attractive returns.</p Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Monday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />TRADER: MORGAN STANLEY REMOVES IAG FROM 'EUROPE BEST IDEAS LIST'<br />----------<br />TRADERS: MORGAN STANLEY RAISES PRICE TARGE Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS CUTS SMITHS GROUP PRICE TARGET TO 1220 (1340) PENCE - 'SELL' <br />----------<br />JPMORGAN CUTS SMITHS GROUP PRICE TARGET Read More
LONDON (Alliance News) - London's blue-chip and mid-cap indexes closed lower Wednesday as annuity providers and betting companies were hard hit by Chancellor of the Exchequer George Osborne's changes to pension rules and a hike to gaming machine duty<br /><br />The FTSE 100 closed down 0.5% at Read More
LONDON (Alliance News) - Shares in UK annuity providers plummeted Wednesday after Chancellor of the Exchequer George Osborne did away with compulsory annuities, giving people far more control and flexibility over how they manage their pension pots as they plan for retirement. Legal & Genera Read More
LONDON (Alliance News) - Shares in UK annuity providers plummeted Wednesday after Chancellor of the Exchequer George Osborne did away with compulsory annuities, giving people far more control and flexibility over how they manage their pension pots as they plan for retirement. Legal & Genera Read More
LONDON (Alliance News) - Shares in UK annuity providers plummeted Wednesday after Chancellor of the Exchequer George Osborne did away with compulsory annuities, giving people far more control over how they manage their pensions as they plan for retirement. Legal & General Group PLC saw its Read More
LONDON (Alliance News) - The FTSE 100 and FTSE 250 indexes have fallen in the wake of George Osborne's 2014 UK budget, with annuity providers and the traditional betting companies coming under pressure after a shake up of pension rules and a rise in gaming machine duties. The FTSE 100 is do Read More
LONDON (Alliance News) - The following UK shares received analyst recommendations Wednesday morning:<br /><strong>----------</strong><br /><strong>FTSE 100</strong><br />----------<br />CREDIT SUISSE CUTS HSBC TO 'UNDERPERFORM' ('OUTPERFORM,') - PRICE TARGET 580 (780) PENCE <br />----------<br Read More