Insurers provided a refuge as unexpectedly grim US jobs data sent the London market tumbling.
The sector found support on news that Resolution, Clive Cowdery’s consolidation vehicle, had successfully raised £600m with a share placing.
By Bryce Elder and Neil Hume
Published: December 5 2008 08:36 | Last updated: December 5 2008 20:45
Insurers provided a refuge as unexpectedly grim US jobs data sent the London market tumbling.
The sector found support on news that Resolution, Clive Cowdery’s consolidation vehicle, had successfully raised £600m with a share placing.