Further pressure came from RSA Insurance, which blamed good weather in the UK for increased subsidence claims. Analysts were more worried by unexpected losses in RSA’s UK motor portfolio, which hit peers including Direct Line and Admiral.
AA, the roadside repairs specialist, tumbled to a five-month low after Citizens Advice said it had issued a “ super complaint” to the Competition and Markets Authority over loyalty penalties. Though the charity did not specifically identify breakdown services among its areas of concern, its complaint drew fresh scrutiny to AA’s business model of charging lower rates to newer customers.
Retailer Games Workshop dropped after ex-chairman Tom Kirby sold shares at a 5.1 per cent discount to Thursday’s close. Since his retirement a year ago the stock had more than doubled.
Get alerts on UK equities when a new story is published