U.K. Stocks Retreat, Led By British Airways; Legal & General Shares Drop

(Bloomberg) -- U.K. stocks declined, snapping a two-
day rally, paced by British Airways Plc and EasyJet Plc as oil
traded near a 10-month high and Britain raised its terror alert.

Legal & General Plc and Royal & Sun Alliance Insurance Group
Plc led insurers lower on concern claims tied to floods in the
U.K. will rise. Cadbury Schweppes Plc retreated following
speculation Kraft Foods Inc. will buy rival Group Danone SA's LU
cookie unit. BG Group Plc climbed with the price of oil.


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