UK markets closed lower today, led by Prudential after the insurer was fined by the regulator for mi...
UK markets closed lower today, led by Prudential after the insurer was fined by the regulator for misleading customers when selling them insurance policies linked to mortgage loans and announcements that the MPC was to hold rates while the ECB was to cut rates by 0.25 percentage points. The FTSE 100 Index declined 8.1 points, or 0.2%, to 3555.4 at close today. The FTSE 250 Index slid 12.9, or 0.3%, to 3987. Prudential lost 8p to 308p. The insurer has been fined 750,000 pounds by the FSA for selling unsuitable insurance policies for repaying mortgages. Royal & SunAllianc...
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