Britain'S T & N Moves To Exorcise The Ghost

Hopes that it could soon secure fresh insurance cover have this week fuelled a 9 per cent rise in the share price.

The market expects that T&N will shortly appoint an international broker to sift through the insurance options. The candidates are thought to include Sedgwick and the US brokers Alexander & Alexander and Aon.

Given that its minimal insurance has been virtually exhausted, moves to introduce some new cover would be awelcome fillip for a company that has paid more than