Five British sailors were being detained in Iran today after their racing yacht was stopped by the Iranian navy, the Foreign Office said.

Two young British men today admitted killing a 40-year-old who was filmed on a mobile phone as he lay fatally injured.

Prudential shareholders accused the insurer today of a carrying out a “murky assassination” in its ousting of long-time chief executive Jonathan Bloomer.

The ousted chief executive of insurance giant Prudential is set to receive a payoff of up to £1.8m (€2.6m), it was reported today.

London shares received a pre-Easter boost today when insurance giant Prudential led the FTSE 100 Index to a positive end to the week.

Prudential shares soared 5% today after the insurance giant stunned investors by announcing the departure of chief executive Jonathan Bloomer.

British insurer group Prudential improved annual profits by 39% today as it set out its expectations for a further strong rise in sales growth in the UK this year.

Insurance giant Prudential posted sales figures well ahead of expectations today after achieving strong growth in all its key markets.

British insurer Prudential today said investors had reacted positively to its controversial £1bn (€1.4bn) rights issue.

Major investors in Prudential are planning talks with one of the Uk-based insurer’s key directors in a bid to force its boss to stand down, according to reports.

The chief executive of Prudential is under pressure to step down as investor fury at last week’s £1bn (€1.4bn) rights issue continues to mount, it was reported today.

UK-based insurance giant Prudential said today that businesses across the group were “firing on all cylinders” after reporting better-than-expected half-year figures.

Prudential Chief Executice Jonathan Bloomer has denied that the company is selling its 79% stake in online banking firm Egg to improve solvency requirements under new guidelines.

Insurance giant Prudential saw nearly £1.5bn (€2.1bn) wiped from its market value today on fears it would slash its dividend payout to shareholders as it battles against tough market conditions.