FTSE LIVE: Sainsbury's warns of uncertain road ahead as it reports jump in profits

FTSE LIVE: Sainsbury’s warns of uncertain road ahead as it reveals hit to profits from Asda merger costs; Drugs giant Astrazeneca updates investors; Investment platform AJ Bell posts IPO registration docs

Sainsbury’s warned of an uncertain road ahead for consumer facing companies as it revealed a big hit to profits stemming from costs related to the planned merger with Asda.

Drugs giant Astrazeneca updated investors on its fortunes, with the company seemingly on track to hit its projected numbers.

Elsewhere investment platform AJ Bell posted registration documents for its upcoming stock market float.

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