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Get the free app no ads · no paywallBusiness · 10 August 2026
Unsplash / Nicholas Cappello
London's main stock index, the FTSE 100, saw a slow start, falling 27 points to 10,874 on Monday morning. Investment bank Citi cut its rating on insurer Legal & General to "sell" from "neutral," citing valuation concerns. Legal & General shares slipped 1.7% following the downgrade, despite strong asset management profits.
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