AO World’s big jump in profits and the possible sale of SunLife are among today’s City developments.
FTSE 250-listed AO, which sells washing machines, fridges and laptops, posted sales of just over £1 billion and said profits quadrupled to £34 million.
Phoenix Group, the FTSE 100 pensions and savings business with over £280 billion in assets under management, said it had received expressions of interest for SunLife.
