1. Phoenix group nixes SunLife disposal
Citing “the current uncertainty in the protection market”, the FTSE 100-listed group said it instead “will focus on enhancing the value it generates within the group”.
2. UK house prices get larger September boost than usual
The month of September is usually positive for house prices, but the researchers noted that the year’s increase is double the long-term average amidst a rise in activity levels in the market.
3. BP cashes out stake in Adriatic pipeline and US wind farms
BP said the sale of the stake to Apollo would "unlock near-term value and capital for efficient reallocation".
4. Harland & Wolff Group bites the bullet, calls in administrators
The unsurprising announcement comes after months of speculation over the future of the company, which was once the world leader in building ocean liners, including the ill-fated Titanic.
5. FTSE 100 Live
Stocks flat