As of 0715 GMT, the blue-chip index FTSE 100 gained 0.3% and the British pound rose 0.09% against the dollar to above 1.34.

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Rolls-Royce Holdings Plc has sold its UK pension pot to an insurance firm in a £4.3 billion ($5.8 billion) deal, bolstering the engine manufacturer’s efforts to simplify its business.

London-listed aerospace group joins several other employers taking advantage of effects of higher interest rates ...

Aircraft engine maker Rolls-Royce sold its UK pension fund to Pension Insurance Corporation (PIC) in a 4.3 billion pound ($5.78 billion) deal, PIC said in a statement on Sunday.