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.
South West; Gloucestershire; Wiltshire and North Somerset
Location of affected unit(s)
Forest of Dean
Sector
Financial Services Financial And Insurance Activities Insurance, Reinsurance And Pension Funding, Except Compulsory Social Security 65 - Insurance, reinsurance and pension funding, except compulsory social security
250 jobs Number of planned job creations
Announcement Date
21 September 2007
Employment effect (start)
Foreseen end date
31 October 2007
Description
London General Insurance, a firm that operates in the insurance sector, is to move a call centre facility from Harrow to the Forest of Dean with the creation of 250 jobs in the Forest of Dean. The firm will invest 4 million GBP in the location. As of September 2007, there is no information on the number of jobs that may be lost in Harrow. Ian Kenny, Operations Director of the firm, stated that the firm desired to remain in the UK rather than ‘offshore’ the call centre jobs abroad. Mr. Kenny also stated that the jobs that would be advertised at the site would include positions for call centre staff, team leaders, I.T. workers, and senior managers.
Sources
21 September 2007: BBC Website
Citation
Eurofound (2007), London General Insurance, Relocation in United Kingdom, factsheet number 65831, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/65831.
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