The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Yorkshire and the Humber; West Yorkshire; Bradford
Location of affected unit(s)
Sector
Financial Services Activities Auxiliary To Financial Services And Insurance Activities Activities Auxiliary To Financial Services And Insurance Activities 66 - Activities auxiliary to financial services and insurance activities
250 jobs Number of planned job creations
Announcement Date
12 June 2004
Employment effect (start)
Foreseen end date
Description
A leading Kent-based finance firm Cabot Financial, has opted to open a new call centre in Bradford after examining options in India. Cabot Financial, a market leader in the debt purchase business, has chosen the Listerhills Science Park for the new development. As the India Times article comments the new call centre in Bradford is expected to create up to 250 new jobs, sending cheer among workers who had become inured to regular news of job losses to India. The announcement was hailed as proof that Bradford remained an attractive location for the call centre business amid fears that some firms could choose to relocate overseas.
Sources
12 June 2004: The India Times
Citation
Eurofound (2004), Cabot Financial, Business expansion in United Kingdom, factsheet number 60520, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60520.
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