Aviva may offload your-move.co.uk

Britain’s biggest insurer Aviva may sell your-move.co.uk a real estate agency with 300 branches, to the unit’s managers, said people familiar with the matter.

The business may be worth about €75m and a sale could come in weeks. Barclay’s Private Equity is backing the management.

Aviva chief executive Richard Harvey, 53, is shedding units and slashing at least 1,600 jobs to cut costs and boost profitability after earnings were eroded by a three-year bear market that ended last March.