FTSE 100 news / Companies and sectors / Legal & General / 7 October 2026
Legal & General (LGEN): news on Wednesday 7 October 2026
+2.0 slightly positive
Coverage was mixed: reports of planned workforce cuts weighed on sentiment, while commentary on dividend investors buying the shares and a US property investment leaned positive.
What drove it
- workforce cuts
- dividend appeal
- US multifamily investment
The 4 stories
- +6.7 Dividend share investors are piling into Legal & General! Time to buy more?
Dividend investors buying the shares; positive tone. - −5.8 Legal & General plans workforce cuts. Legal & General stock sits 4.42 percent above target
Reported workforce cuts, partly offset by shares above target. - +3.3 UK Giant Invests Amid U.S. Multifamily Slowdown
L&G investing in US multifamily despite slowdown; modest positive. - +0.8 Nick Pearce: Consensus on pensions difficult in ‘pluralist political environment’
L&G executive commenting on pensions consensus; largely neutral.
Legal & General: every day · Insurance on 7 October 2026 · FTSE 100 overview for the day