Business expansion
United Kingdom
Wales; East Wales; Cardiff and Vale of Glamorgan
Location of affected unit(s)
Administrative Services
Office Administrative, Office Support And Other Business Support Activities
Activities Of Call Centres
82.20 - Activities of call centres

200 jobs
Number of planned job creations
Job creation
Announcement Date
10 May 2012
Employment effect (start)
10 May 2012
Foreseen end date
31 October 2012


Save Britain Money Gropu (SBMG) will create 200 new jobs in Cardiff by autumn 2012. The positions will be created within the call centre services. 

The company has bought telesales company Veraco safeguarding 150 jobs while creating opportunities for further explansion. The company representatives claim the PPI-related (Payment Protection Insurance) experience of the current Veraco staff will provide opportunities to expand also this area of business. 

The previous expansion of SBMG involved the purchase of Veraco and resulted in a substantial increase in the labour force from 350 to 1,000 employees. 


  • 10 May 2012: BBC News


Eurofound (2012), SBMG, Business expansion in United Kingdom, factsheet number 73720, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73720.