UK's Babcock bottoms FTSE 100 on CEO retirement
23/01/2026 08:08
** Shares of Babcock BAB.L down 2.6% at 1,426p - top loser on the FTSE 100 index .FTSE, which is up 0.03% ** CEO David Lockwood announces retirement, with nuclear division head, Harry Holt, to succeed him ** Separately, co also says Q3 trading was strong and remains confident in delivering on FY26 performance expectations ** BAB rose about 183% in the last 12 months (Reporting by Yamini Kalia in Bengaluru) ((Yamini.Kalia@thomsonreuters.com))