Business · 10 August 2026

FTSE 100 falls as insurer Legal & General gets downgraded

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.

By BriefTea Editorial · 10 August 2026 at 12:16

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