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.
East (England); Cambridgeshire and Peterborough; Peterborough
Location of affected unit(s)
Peterborough
Sector
Adminstrative / Support Services 82 - Office administrative, office support and other business support activities 82.2 - Activities of call centres 82.20 - Activities of call centres
200 jobs Number of planned job creations
Announcement Date
3 November 2016
Employment effect (start)
Foreseen end date
31 October 2017
Description
RSA Insurance Group has announced that it is to create 200 new positions at its call centre operations in Peterborough. The company said that it has been able to create these new jobs as a result of increased trade following the EU referendum result. The subsequent fall in the value of Sterling has resulted in an increase in business as the company does approximately two-thirds of its trading in foreign currencies. It is understood that the new positions are already being advertised and they will be filled over a 12 month period.
Sources
3 November 2016: InsuranceBusinessMag Website
Citation
Eurofound (2016), RSA Insurance, Business expansion in United Kingdom, factsheet number 89110, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/89110.