FTSE 100 Falls, Paced by Legal & General, Home Retail Shares; Shell Climbs

(Bloomberg) -- U.K. stocks dropped, paced by
insurers after Legal & General Group Plc said flood claims and a
slowdown in Britain's home market held back first-half profit.

Home Retail Group Plc led retailers lower after Citigroup
Inc. downgraded the shares. BT Group Plc retreated. Royal Dutch
Shell Plc limited declines after the company reported earnings
that surpassed analysts' estimates and the price of crude oil
jumped in New York.


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