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.
Financial Services Activities Auxiliary To Financial Services And Insurance Activities Activities Auxiliary To Financial Services And Insurance Activities 66.1 - Activities auxiliary to financial services, except insurance and pension funding
200 jobs Number of planned job creations
Announcement Date
9 January 2008
Employment effect (start)
9 January 2008
Foreseen end date
Description
Financial Services Data Management, a firm offering financial advice to people in debt, has announced the creation of 200 new jobs at a call centre in Swansea. The firm, currently employs just over 100 staff, and has announced that recruitment for the 200 new posts was starting immediately.
The firm said that this business expansion is due to rising levels of debt in the UK and the global credit crisis. During the last quarter of 2007 staff spoke to 10,000 people a week and advised 8,000 people on options available to them. It is expected that these figures will triple over the next 12 months.
Sources
9 January 2008: BBC Website
Citation
Eurofound (2008), Financial Services Data Management, Business expansion in United Kingdom, factsheet number 66186, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/66186.
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