Published on 28th March 2014
1630: Close The week ended on a positive note for UK stocks as they tracked gains seen Stateside and a positive performance amongst miners managed to offset a slump across the insurance sector. It was something of a turbulent day for the UK market, which rose early on before dipping around lunchtime after it was widely reported that the FCA is planning to look into 30m old insurance policies that may have contained 'unfair' terms. Meanwhile, question marks grew over the durability of the UK economic recovery after the country's Q4 current account deficit came in much higher than expected. US stocks rose strongly on the back of positive personal income and spending data. The FTSE 100 closed up 27.26 points at 6,615.58, up 58.41 or 0.89 per cent on the week.