Aviva Crosses Inflationary Headwinds to Growth: The London Rush

08/16/2023 15:09
Aviva Crosses Inflationary Headwinds to Growth: The London Rush

It seems like inflationary pressures may take longer to dissipate, judging from the latest consumer price figures this morning. But some companies may be getting used to navigating the maelstrom, with insurance firm Aviva’s focus on “pricing appropriately” helping it deliver profit growth in the first half. Aviva now hopes to exceed financial goals for the mid-term, while bringing forward cost reduction targets.

Aviva Crosses Inflationary Headwinds to Growth: The London Rush

The St Helen's skyscraper, home to Aviva Plc, center in the square mile financial district of the City of London.

Photographer: Chris Ratcliffe/Bloomberg

It seems like inflationary pressures may take longer to dissipate, judging from the latest consumer price figures this morning. But some companies may be getting used to navigating the maelstrom, with insurance firm Aviva’s focus on “pricing appropriately” helping it deliver profit growth in the first half. Aviva now hopes to exceed financial goals for the mid-term, while bringing forward cost reduction targets.

Here’s the key business news from London this morning:

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Aviva Crosses Inflationary Headwinds to Growth: The London Rush

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