UK stocks decline as homebuilders, travel shares drag

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Sept 28 - London stocks lagged on Thursday, dragged by declines in homebuilders, and travel and leisure stocks, though losses were limited by gains in the energy sector.Shares of 888 Holdings tumbled 16.5% after the bookmaker forecast annual core profit below its prior expectations after flagging a 10% decline in third-quarter revenue.Meanwhile, homebuilders declined 2.

Britain set out plans to ease key banking and insurance rules in the latest attempt to boost its vital financial sector following the country's departure from the European Union.U.S. oil futures jumped to their highest in more than a year on Thursday as a drop in crude stocks in the United States added to worries over tight global supplies from OPEC+ output cuts.

 

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