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The Latest Breaking News from Amanda Blanc

Aviva earnings jump by 24% amid swift progress on Direct Line turnaround

The group reported a better-than-expected 24% surge in operating profits to £1.33 billion for the six months to June 30.

Evening Standard

The BP drama will fade: boards are allowed to ditch the chair

Rather than a continuation of the company’s recent issues, isn’t this an example of the board doing what it is supposed to do?

The Guardian - UK

BP backs Amanda Blanc to lead search for new chair despite investor concerns

Senior independent director to handle process again after Albert Manifold’s shock departure last week

The Guardian - UK

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BP’s latest scandal exposes serious mismanagement at heart of energy giant: ‘It’s total chaos’

Albert Manifold, who has been dismissed following ‘serious concerns’, is the latest member of senior personnel leaving the company abruptly over the past 20 years – and the shareholders don’t like it, writes Simon English

The Independent UK

BP removes chairman Albert Manifold after ‘serious concerns’ over conduct

Amanda Blanc, senior independent director at BP, said the board deemed his conduct to be ‘unacceptable’.

Evening Standard

Aviva flags potential for Iran conflict to send claims costs rising

Chief executive Amanda Blanc said supply chains could suffer if the conflict is prolonged.

Evening Standard

Nationwide boss Dame Debbie Crosbie to become next women in finance champion

She will replace Dame Amanda Blanc on January 1.

Evening Standard

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Aviva nearly doubles target for cost savings from Direct Line takeover

The insurer now expects to strip out £225 million in costs by 2028 following the deal.

The Independent UK

Aviva stands by climate goals in face of US and UK net zero pushback

As insurer’s shares hit highest level since 2008, CEO says green issues are also important for many of its clients

The Guardian - UK

BP chair to resign amid pressure from shareholders over green agenda

Helge Lund likely to leave post in 2026, with investor opposition having derailed net zero plans

The Guardian - UK

Power Players: Meet the women reshaping 10 key European industries

This year, Fortune curated a list of female leaders at the helm of European companies across the continent’s biggest industries.

Fortune

GSK boss Emma Walmsley’s pay could rise to nearly £22m in three years’ time

UK pharmaceutical companies aim to put executive pay on par with US rivals’ but package will depend on share price

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

Over £60bn of pledges announced at UK’s investment summit – as it happened

Chancellor says £60bn of investment has been announced at summit, showing confidence in UK economy

The Guardian - UK

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The Guardian - UK

Aviva’s profits rise as demand for UK private health insurance booms

Fears over NHS waiting lists contribute to 41% increase in sales of policies, contributing to £1.5bn operating profit

The Guardian - UK

Aviva boss Amanda Blanc and retail guru Mary Portas among business figures in new year honours list

Insurance CEO cited for services to gender equality, while Stephen Hester and Gerald Ronson are also honoured

The Guardian - UK

‘You have a responsibility’: how Aviva’s Amanda Blanc has promoted equality in UK business

From BP to the CBI, the insurance boss has influenced some of the biggest changes in corporate Britain this year

Fortune

Top insurance CEO announces that white male new hires must be personally signed off by herself

There is “no non-diverse hire" at Aviva that hasn’t been “signed off by me and the chief people officer,” the blue-chip company’s CEO, Amanda Blanc, revealed.

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The Guardian - UK

Aviva has acted to sack male employees for inappropriate behaviour, says boss

Amanda Blanc also tells sexism in the City inquiry of ‘appalling’ accounts of harassment of women across financial services sector

The Independent UK

Welsh Rugby Union apologises after damning report reveals toxic and sexist culture

The Welsh Rugby Union has apologised and accepted all 36 recommendations made in the report

The Independent UK

Incoming Welsh Rugby Union boss vows to ‘turn this round’ after damning review

Dame Anne Rafferty’s nine-month look into the union reported feelings of powerlessness and fear.

The Guardian - UK

Aviva no longer needs a rescue

The insurer is viewed as a takeover candidate after Amanda Blanc slimmed it down, but its leadership should not be distracted

The Guardian - UK

Aviva shares leap on speculation of takeover by foreign buyer

Rumours of potential swoop by international rivals drives up shares in UK’s biggest insurer

The Guardian - UK

Aviva joins Axa in saying crisis in NHS presents opportunities to expand business

UK’s biggest insurer gained 170,000 health insurance customers in past year as NHS waiting lists hit record highs

Evening Standard

Aviva sees health insurance boom as patients look for alternatives to long NHS waiting lists

Aviva has seen health insurance sales soar by 58%

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