Legal & General hopeful of UK market recovery

Insurer Legal & General forecast a rebound in its core UK markets today after revealing a 7% drop in worldwide sales during 2009.

Legal & General hopeful of UK market recovery
Wed, 17 Feb, 2010 - 08:51

Insurer Legal & General forecast a rebound in its core UK markets today after revealing a 7% drop in worldwide sales during 2009.

The group predicted a slow UK economic recovery and subdued housing market, but said its savings and protection and annuities sectors were still expected to rally following a depressed previous year.

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