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The Latest Breaking News from Aviva

Aviva and Direct Line agree £3.7bn insurance tie-up

The insurance mega-merger will cover more than a fifth of the total UK market if approved.

Evening Standard

FTSE 100 Live 23 December: UK economy stalled in Q3, Direct Line £3.7bn takeover agreed

Britain’s economy ground to a halt in the third quarter of the year, figures showed today.

Evening Standard

Utilities drag on FTSE 100 after Thames Water receives rescue bid

The FTSE 100 moved 40.77 points lower, or 0.49%, to close at 8,308.61.

Evening Standard

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Investors up bets on Federal Reserve interest rate cut after US jobs data – as it happened

Live, rolling coverage of business, economics and financial markets as American private sector adds 227,000 jobs in November

The Guardian - UK

Direct Line backs £3.6bn takeover move by rival Aviva

Aviva made the sweetened approach after seeing a £3.3 billion takeover tilt rebuffed last month.

Evening Standard

Direct Line accepts £3.6bn takeover after rival insurer Aviva raises bid

Preliminary agreement reached after third offer, which values Direct Line at 275p a share

The Guardian - UK

Boss of takeover target Direct Line wants time to turn around insurer

New management at struggling firm, which rejected £3.3bn bid from Aviva, ‘making excellent progress’, says CEO

The Guardian - UK

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Who is Louise Haigh and why has she resigned as UK’s transport minister?

Labour party’s Haigh was the youngest member of PM Keir Starmer’s cabinet when a decade-old fraud case resurfaced.

Al Jazeera

Louise Haigh ‘told to quit by No 10 over possible breach of ministerial code’

Sources say UK transport secretary was advised by Keir Starmer’s chief of staff it would be best for her to resign

The Guardian - UK

No 10 says Haigh resigned after ‘further information’ emerged

Louise Haigh resigned as transport secretary after it emerged she had pleaded guilty to a criminal offence in 2013.

Evening Standard

Louise Haigh: Labour’s outspoken young survivor is derailed by her past

The departing transport secretary stood out as a leftwinger, one of the few Corbyn frontbenchers Starmer retained

The Guardian - UK

5 home maintenance mistakes that could cause costly repairs this winter

Taking some time to check over the state of a property now could help households to avoid a winter chill on their finances.

The Independent UK

Louise Haigh resigns as transport secretary after admitting phone offence

Haigh tells PM she is ‘totally committed’ but leaves role after incorrectly telling police a work mobile phone was stolen in 2013

The Guardian - UK

The market is not sentimental. Direct Line’s days of independence look numbered

Aviva offer looks to be opening shot in a negotiation – and Direct Line knows there will be a price at which it has to roll over

The Guardian - UK

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The Independent UK

London stocks close in green as takeover flurry drives FTSE 250 higher

London’s top index finished 6.47 points higher to end the day at 8,281.22.

The Guardian - UK

Aviva could make higher offer for Direct Line amid flurry of takeovers in London

Direct Line shares soar by more than 40% after initial 250p-a-share offer was rebuffed as ‘highly opportunistic’

Evening Standard

Direct Line shares surge after insurer rejects £3.3bn Aviva takeover tilt

Direct Line said the approach ‘substantially undervalued’ the company.

Evening Standard

FTSE 100 Live 28 November: Direct Line shares surge on Aviva approach, Loungers backs £338m takeover

Direct Line Insurance shares are back in the takeover spotlight after the Green Flag owner rejected a £3.3 billion approach by Aviva.

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The Guardian - UK

Direct Line rejects Aviva takeover offer of £3.3bn

Insurer rebuffs move as ‘highly opportunistic’ and follows dismissal of offer from Belgian firm Ageas in February

The Independent UK

The most common and expensive winter sports injuries revealed

How much could a winter sport injury set you back?

The Guardian - UK

UK pension fund loses more than £350m with waste incinerator power plants

Shareholder accuses Aviva Investors of ‘calamitous’ investments as three sites expected to go bust

Evening Standard

Gen Alpha are budding savers with average £400 in bank already, survey finds

Joanne Phillips, of Aviva Direct Wealth, said Gen Alpha – the generation of youngsters born after 2010 – is emerging as ‘Gen Save’.

Evening Standard

European stocks rise while US market rally wanes

London’s FTSE moved 40.86 points higher, or 0.51%, to close at 8,071.19,

The Independent UK

Aviva insurance premiums jump amid ongoing price rises

Insurers have been ramping up the cost of cover in recent years to counter soaring claims expenses.

The Independent UK

Over a fifth of people ‘have had storm damage to their home in past five years’

Just over a third of people believe climate change will impact their home in the next year, Aviva said.

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