Discovery ploughs money into new businesses
Discovery's annual earnings have fallen by 12% and that's as costs of its newly launched bank weigh. But it HAS ALSO helped see new business premium income grow 13%. And the company says it has plans to scale back on new business spend moving forward. Looking at 'old business', Discovery Health is still managing double digit profit growth and Insure saw a doubling of profits while life has come under some pressure. Company's CEO, Adrian Gore joins us for greater perspective on the results and what it suggests for the group's growth moving forward.