Strength at L&G Despite Uk Slide ; Insurance

Evening Standard - London › January 10, 2008

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Summary

LEGAL & General today said sales crashed 12% last year mainly because of a sharp fall-off in its UK retail business, although other areas held up fairly well.

Sales in its core UK market slumped to Pounds 1.5 billion from Pounds 1.74 billion a year earlier as people shied away from investing amid turmoil in the global markets.

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Extract

Strength at L&G Despite Uk Slide ; Insurance

However, the insurer's other operati...

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