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 investigate historic sales practices for legacy life insurance customers amidst fe 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
LONDON (Alliance News) - Legal & General Group PLC has requested the Financial Conduct Authority to bring forward publication of its business plan for next year in the wake of Friday's "disorderly market." Earlier Friday, an FCA spokesperson confirmed to Alliance News that details the revie 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 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) - The following UK shares received analyst recommendations Thursday morning:<br />----------<br /><strong>FTSE 100</strong><br />----------<br />UBS RAISES KINGFISHER PRICE TARGET TO 440 (420) PENCE - 'NEUTRAL' <br />----------<br />HSBC RAISES KINGFISHER PRICE TARGET TO Read More
LONDON (Alliance News) - UK stocks closed mixed Wednesday, with the FTSE 100 ending the day almost perfectly flat, as investors were starved of any fresh UK macroeconomic data.<br /><br />London's major stock indices all opened the session firmly higher as traders were by buoyed by a positive Read More
LONDON (Alliance News) - The UK government has raised a further GBP4.20 billion from its second sale of <strong>Lloyds Banking</strong> Group PLC shares, meaning it has now recouped GBP7.41 billion of the roughly GBP21 million that taxpayers injected into the bank during the financial crisis.< Read More
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Wednesday.<br /><br />-------<br /><br /><strong>FTSE 100 - WINNERS</strong><br /><br /><strong>Standard Life</strong>, up 5.2%. The company has agreed to buy Ignis Asset Mana Read More
LONDON (Alliance News) - The following is a summary of top news stories Wednesday.<br /><strong>----------</strong><br /><strong>COMPANIES</strong><br />----------<br />The UK government said it has raised GBP4.2 billion in its sale of a second tranche of <strong>Lloyds Banking</strong> Group Read More
LONDON (Alliance News) - UK and European stocks are pushing higher Wednesday, with life insurers leading the UK gains in the absence of any significant data hurdles and amid improved investor sentiment after Tuesday's bumper reading of US investor sentiment. There continues to be background Read More
LONDON (Alliance News) - Legal & General Group PLC Wednesday said it has won a bulk annuity contract with ICI Pension Fund, covering GBP3.00 billion of its liabilities, as the life insurer moved to reinforce its expectation that it will exceed the GBP2.1 billion of annuity net flows in 2013. < Read More
LONDON (Alliance News) - Shares have opened higher Wednesday, as the UK government completed its second sales of shares in <strong>Lloyds Bank</strong>. <br /><br />The UK government said it has raised GBP4.2 billion from the sale, meaning it has now recouped GBP7.41 billion of the roughly GBP Read More
LONDON (Alliance News) - Legal & General Group PLC has forecast that Chancellor of the Exchequer George Osborne's changes to pensions rules could result in the GBP12 billion a year annuity market more than halving in size, according to the Financial Times. The measures introduced in the Cha Read More
LONDON (Alliance News) - UK stocks fell on Thursday, following the declines seen in US markets on Wednesday after new Federal Reserve Chair Janet Yellen announced a further cut to the US quantitative easing programme and also hinted at an interest rate rise sooner than previously expected. Read More
LONDON (Alliance News) - UK equities are attempting to rebalance today in the wake of the tax and regulatory changes unveiled in Wednesday's government budget.<br /><br />Life insurance companies have continued to take a battering during morning trading, following the announcement by Chancello Read More
LONDON (Alliance News) - Stocks indices are lower across the UK and Europe Thursday, reacting badly to the hawkish tone struck by new Federal Reserve Chair Janet Yellen on Wednesday, while UK stocks continue to rebalance on the back of the tax adjustments announced in Wednesday's budget. By Read More
LONDON (Alliance News) - Resolution Ltd Thursday joined peers in trying to allay fears caused by Chancellor of the Exchequer George Osborne's annuities shake-up, under which people are to be given greater flexibility and choice in how they manage their pension pots. Shares in UK annuity pro 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