Chief executive positive despite tough trading environment

Abbey Legal Protection this morning told the London Stock Exchange that its results for the year ended 31 December 2010 "are in line with market expectations".

Group chief executive, Colin Davison, said in the trading update this was "particularly pleasing against the tough economic background and low interest rate environment".

Abbey, a specialist supplier of legal and professional fees insurance and services products, will announce its results for the year ended 31 December 2010 on 24 March 2011.