FTSE 100 news / Companies and sectors / Legal & General / 1 October 2026
Legal & General (LGEN): news on Thursday 1 October 2026
−2.8 slightly negative
Coverage was dominated by plans to cut around 10% of jobs, about 1,000 roles, under chief executive Antonio Simoes, and Citi sticking with a 'sell' rating as pension buyout margins shrink. Dividend appeal, a planning approval and a technical share price signal offered some offset.
What drove it
- job cuts
- Citi sell rating
- dividend appeal
The 9 stories
- −8.3 Citi sticks with 'sell' on Legal & General as pension buyout margins shrink
Citi keeps sell rating as pension buyout margins shrink. - −5.0 L&G to axe 1,000 jobs in shake up by boss Antonio Simoes amid deepening UK jobs gloom
1,000 job cuts under boss Simoes amid UK jobs gloom. - +5.0 Greenwich greenlights L&G’s plans to deliver six units in Thamesmead
Planning approval for L&G housing units in Thamesmead. - +4.2 Legal & General Dividend Income Case: What the 2025 Numbers Actually Show - Financial-News.co.uk
Dividend income case review; focus on 2025 numbers, fairly positive. - −3.3 Legal & General to Cut 10% of Jobs by Middle of 2027
Plans to cut 10% of jobs; cost saving but restructuring. - +3.3 L&G looks at digital infrastructure beyond the data center - pei-privaterealestate.com
L&G exploring digital infrastructure investment opportunities; mildly positive. - −3.3 Rothesay leads pension risk transfer market in first half with 28% market share
Rival Rothesay leads pension risk transfer market; L&G is competitor. - +2.5 Legal & General Group (LON:LGEN) Shares Cross Above 200 Day Moving Average - Here's What Happened
Shares crossing above 200-day average is mildly positive technical signal. - +1.7 Why Is Legal & General (LSE:LGEN) Under The Microscope As Its Yield Tops The blue-chip While FTSE 100 Trades Higher?
High yield draws attention; scrutiny but income appeal.
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