Slight fall for FTSE

Insurers were back in the red today after Legal & General slashed its dividend for the first time in the group's history and posted plunging profits.

Wed, 25 Mar, 2009 - 17:17

Insurers were back in the red today after Legal & General slashed its dividend for the first time in the group's history and posted plunging profits.

The group, which posted full-year losses of £1.5bn (€1.6bn), saw shares dive 7% and dragged rivals lower.

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