Business expansion
United Kingdom
Wales; West Wales and The Valleys; Swansea
Location of affected unit(s)
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
Job creation
Announcement Date
9 January 2008
Employment effect (start)
9 January 2008
Foreseen end date


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.


  • 9 January 2008: BBC Website


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.