School that came with RAC sold as a non-core business

Aviva sold the £36m British School of Motoring and its subsidiaries, bought along with the RAC, to German firm Arques Industries AG.

Aviva's UK general insurance CEO, Igal Mayer, said: "This sale is part of our on-going programme to transform our UK general insurance business through an increased focus on our core insurance and vehicle breakdown activities, allowing us to provide a first-rate service to our customers. I'm delighted that we'll continue to have a working relationship with BSM in the future through a long-term arrangement to market our insurance products to BSM's customers."