By Jonathan Davies

British insurance giant Aviva has reported a slight rise in profits for the first half of 2015.

Aviva posted an operating profit of £1.17 billion during the period, compared with £1.07bn in the same period last year.

Profits after tax fell from £863m to £545m, but that was largely due to £271m integration costs after the purchase of Friends Life in April.

Aviva said new business accounted for £534m of its revenues in the six-month period, up 25% from last year.