April wiped out on FTSE

Another oil price surge following the assassination of the man who might have become leader of the Iraqi government intended to take over in less than a month’s time from the occupying forces in that country. British Airways reported a record jump in fourth quarter profit, but shares are down 9.25p to 237.5p on the rising oil price and warnings seat fares may have to be further cut in order to remain competitive on European routes. Prudential is down 15p to 413,5p after the publication of a report showing insurers continued to cut their equities holdings in the past year. Aviva is ...