Business expansion
United Kingdom
Location of affected unit(s)
Financial Services
Financial And Insurance Activities
Financial Service Activities, Except Insurance And Pension Funding
64.11 - Central banking

400 jobs
Number of planned job creations
Job creation
Announcement Date
5 March 2018
Employment effect (start)
5 March 2018
Foreseen end date
1 January 2022


Challenger bank Cashplus has announced plans to create 400 jobs, thereby doubling its current workforce. The jobs will be mainly based in the company's head office near London Bridge and in its contact centre in Liverpool. The bank started up ten years ago and now has 1.3 million UK customers including 100,000 small businesses. The company has said that it expects the new jobs to be added over period of about five years and to be concluded by 2022, though recruitment for the new positions is already underway.


  • 8 March 2018: BQ Live
  • 8 March 2018: News Shopper
  • 5 March 2018: CashplusGroup


Eurofound (2018), Cashplus, Business expansion in United Kingdom, factsheet number 93789, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/93789.