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Bank of England expected to hold interest rates

Investors predict MPC will maintain interest at 5.25% when it meets on Thursday.

Interim CEO steps down at UK insurer LV=

Reuters

LONDON (Reuters) - British mutual life insurer LV= on Monday said that Mark Hartigan will step down from his role as interim chief executive and board member once a permanent replacement is found.

The insurer formerly known as Liverpool Victoria abandoned a proposed takeover by private equity giant Bain Capital in December after it lost a member vote. Rival Royal London put forward an alternative proposal for the insurer, which also ended without agreement this year.

(Reporting by Huw Jones; Editing by David Goodman)