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Financial Services 2007
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The information below comes from the UK Activity Report.
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HM Revenue & Customs is to transfer more than 100 jobs from Southend to Shipley in May, mainly involving clerical and debt management staff. 24-Dec-2007

HBOS is to set up a corporate banking office with about 625 staff at the 62,000 sq ft Number One Lochrin Square development in Edinburgh, with the first 100 staff moving in early next year. 20-Dec-2007

Addleshaw Goddard, the law firm, is considering plans to relocate its London office to the 200,000 sq ft Milton Gate development on Moor Lane. 17-Dec-2007

Shoosmiths, the law firm, is in negotiations to set up an 80,000 sq ft office at the Building 100 development in Milton Keynes, which is due for completion in December 2009. 17-Dec-2007

Generation Investment Management is to set up a 9,000 sq ft office at Crown Estate's One Vine Street development in London W1. 17-Dec-2007

TitleAbsolute is to close its conveyancing office in York next year with the loss of about 20 jobs, in order to relocate the work to a larger telephone sales department in Manchester. 14-Dec-2007

Deutsche Bank is said to be considering plans to relocate some of its back-office staff from London to Birmingham, having shortlisted three potential locations of 40,000 sq ft. 12-Dec-2007

Close Brothers is to set up a new subsidiary in London to offer small and medium-sized German companies to UK investors, employing a small sales and trading team. 10-Dec-2007

Abbey National is planning to expand its bank branch network from 700 to 1,000 by 2012, and is particularly interested in the Midlands and North East. 10-Dec-2007

The Insolvency Service is to relocate its Birmingham office to a 42,000 sq ft unit at Cannon House in Colmore Circus Queensway in spring 2008. 10-Dec-2007

Black Arrow Group is to acquire a new head office premises in Hounslow from Leighbrook for £1.9m, and its existing site will be sold to Tesco by June 2008. 07-Dec-2007

The Department for Work & Pensions is to close its Mexford House office in Blackpool next year with the loss of up to 110 jobs. 04-Dec-2007

Browne Jacobson is considering plans to relocate its Nottingham-based law firm and up to 400 staff to a new 60,000 sq ft office in 2011, and four potential sites for the new building are being considered. 03-Dec-2007

Standard Life, the Edinburgh-based insurance company, is to close its protection unit with the possible loss of up to 50 jobs. 30-Nov-2007

Bear Stearns is planning to shed a further 650 jobs at its US-based investment bank, including an estimated 30 in the UK. 29-Nov-2007

Prudential is to outsource some of its life and pensions administration work to Capita, in a £772m deal that will involve the transfer of 3,000 staff in Reading, Stirling and India. 29-Nov-2007

Ballymore is in negotiations for two major lettings at its Snow Hill development in Birmingham, with Barclays expected to take 100,000 sq ft and law firm Wragge & Co 230,000 sq ft. 28-Nov-2007

Mills & Reeve is to open offices in Leeds and Manchester with the transfer of the family law teams from Addleshaw Goddard. 26-Nov-2007

Clerical Medical Investment Group is to relocate its Bristol offices to a newly-built 170,000 sq ft regional headquarters at Harbourside. 26-Nov-2007

Ringrose Law is looking to relocate its Lincoln-based professional services office to a larger site on the edge of the city, with the creation of up to 30 jobs. 22-Nov-2007

Barclays Wealth is to create up to 800 new jobs at its wealth management operations in London, Glasgow, Singapore and Switzerland, with vacancies in project management, risk management, compliance, marketing, HR and finance. 21-Nov-2007

Swinton Insurance is looking to spend up to £100m on acquisitions over the next few months, as more independent brokers are expected to sell their businesses before tax changes in April. 21-Nov-2007

Paragon, the buy-to-let mortgage lender, is looking to raise £280m from investors to secure its future, and may have to stop lending to new borrowers. 21-Nov-2007

McAfee Properties & Mortgages has shed 32 jobs at its estate agency business in Northern Ireland, leaving a staff of about 75. 19-Nov-2007

DTZ is considering plans to relocate its Bristol offices to a new 13,000 sq ft unit due for completion at Portwall Place in the city centre in December. 19-Nov-2007

Dickinson Dees, the law firm, is planning to expand its York staff from 37 to 100 over the next two years, and will move to a temporary office in Bishopthorpe Road while a new 25,000 sq ft office is built close by. 15-Nov-2007

Friends Provident is to conduct a strategic review of its life and pensions business, which could lead to a sale or break-up. 15-Nov-2007

Cambridge Place Investment Management is expected to shed about 25 of the 140 jobs in its London-based hedge funds business. 14-Nov-2007

Macquarie of Australia is planning to set up a stockbroking division in London, with about 70 staff. 14-Nov-2007

Peninsula Business Services, the employment law firm, is to create 25 jobs at a new office in Hinckley next year. 13-Nov-2007

Semple Fraser, the law firm, is to set up a 30,000 sq ft office at 123 St Vincent Street in Glasgow next July. 13-Nov-2007

Egg, the internet bank, is planning to relocate up to 500 jobs from Manchester, Dudley and Reading to Derby early next year. 12-Nov-2007

CPP, the credit card insurer with 1,200 staff at a call centre in York, is considering plans for a £500m sale or flotation early next year, having appointed UBS to conduct a strategic review. 12-Nov-2007

Record is to raise about £120m in a flotation on the London Stock Exchange this month, in order to fund the expansion of its specialist investment business. 12-Nov-2007

HSBC is expected to stop trading in mortgage-backed securities with the loss of up to 120 jobs. 12-Nov-2007

Henry Howard Finance is to relocate its headquarters and up to 35 staff to a new £1m site at Langstone Business Village near Newport by the end of the year. 08-Nov-2007

Close Brothers, the investment bank, has received a £1.1bn takeover offer from Cenkos Securities. 08-Nov-2007

Royal & Sun Alliance is to outsource printing plants in Birkenhead and Bristol to T-Systems of Germany in a £92m deal, with the transfer of 63 staff. 07-Nov-2007

Tenon Group is to relocate its Nottingham-based financial services operations and 230 staff to The Point in Wollaton Street next year. 06-Nov-2007

Merrill Lynch is to shed up to 65 of the 325 jobs at its Mortgages subsidiary in Glasgow, London and sites throughout the country. 02-Nov-2007

Clydesdale Bank is seeking permission to build a new banking centre for personal and corporate customers at Longman Road in Inverness by the end of next year, in order to replace the existing site that employs 35 staff. 02-Nov-2007

Moodys, the ratings agency, is considering three potential sites in London for a new 150,000 sq ft headquarters. 02-Nov-2007

Stephenson Harwood, the law firm, is said to be looking to relocate its London headquarters by 2010, and is considering a 100,000 sq ft office at Bath House in Midtown. 02-Nov-2007

Cru Investment Management is to set up a 7,500 sq ft office at the Callaghan Square office scheme in Cardiff in 2008. 02-Nov-2007

Salans, the law firm, is to open a new office at the Keystone Innovation Centre in Thetford in December, with the creation of up to 40 jobs. 01-Nov-2007

Minster Law is to create 400 jobs at a new legal services call centre at Calder Park Business Park near Wakefield over the next three years. 01-Nov-2007

Hargreaves Lansdown is to relocate its Bristol-based financial services business and 650 staff to a new £30m 100,000 q ft headquarters being built at Harbourside by 2009. 31-Oct-2007

Elephant, the loans firm, is planning to relocate staff from Cardiff, Ashford and Peterborough to its headquarters at Twickenham, but job losses among the 100 staff are unlikely. 30-Oct-2007

Dewey & LeBoeuf, the US law firm, is said to be looking to relocate its two London sites, having appointed Jones Lang LaSalle to find a suitable 150,000 sq ft office. 29-Oct-2007

Gide Loyrette Nouel, the French law firm, is in discussions to set up a 34,000 sq ft office at 125 Old Broad Street in the City of London. 29-Oct-2007

PRUPIM, the property fund manager, is to relocate its London headquarters from High Holborn to Basinghall Street, EC2. 29-Oct-2007

Moneysupermarket.com is planning to create at least 100 new jobs in its North Wales-based financial services business over the next 12 months, in order to expand its price comparison website into continental Europe. 25-Oct-2007

Financial Telemarketing Services is looking to expand the workforce at its call centre in Gorleston, Norfolk, from 170 to 250 next year. 25-Oct-2007

Picture Financial is looking to raise up to £100m to finance the expansion of its Newport-based secured loans business, which currently employs almost 200 staff. 24-Oct-2007

Knight Frank has been appointed to find a suitable site of between 100,000 and 200,000 sq ft for a new London headquarters for the Bank of Tokyo by 2011. 22-Oct-2007

Hastings Direct is planning to shed up to 25 jobs at its insurance business in Bexhill. 19-Oct-2007

Eversheds is planning to shed up to 20 jobs across the country, in order to consolidate its financial support functions in London, Leeds, Cardiff and Birmingham. 19-Oct-2007

Aviva has announced proposals to cut costs in its UK insurance business by £300m over the next two years, which could lead to the loss of thousands more jobs at Norwich Union. 18-Oct-2007

Student Loans Company is to create about 520 jobs at a new operating centre due to open at Lingfield Point in Darlington next year. 17-Oct-2007

Peninsula Business Services, the employment law consultancy with 750 staff, is to relocate its Manchester headquarters to the CityPark scheme by 2009, where it will have space for 100 additional staff. 17-Oct-2007

Ernst & Young is to invest £2m in improvements to its Manchester city centre office, and staff numbers will rise from 370 to 500 within three years. 17-Oct-2007

Deloitte is planning to recruit up to 50,000 new staff for its global accountancy business over the next four years. 17-Oct-2007

Lloyds TSB is to create 150 jobs at its customer call centre in Glasgow's Atlantic Quay. 16-Oct-2007

Capita has signed a £270m ten-year contract to provide customer support services for Co-operative Insurance, with the transfer of 800 Manchester-based staff. 16-Oct-2007

Travelex is planning to open bureau de change kiosks in 100 Sainsbury's stores by the end of 2009. 16-Oct-2007

DLA Piper, the law firm, is considering plans to consolidate its two City of London offices into a single 300,000 sq ft site. 16-Oct-2007

Drivers Jonas, the property agent, is considering plans to relocate most of the 250 staff at its London headquarters from Mayfair to the City next year. 16-Oct-2007

Royal Bank of Scotland is to relocate its commercial unit and 50 staff from Leicester city centre to Grove Park early next year, and a further 20 staff will relocate from Meridian Business Park. 15-Oct-2007

Liverpool Victoria is planning to double the size of the 38-strong workforce in its asset management unit over the next three years. 15-Oct-2007

Royal Bank of Scotland has appointed Cushman & Wakefield to market a portfolio of 60 buildings in a £800m sale-and-leaseback deal. 15-Oct-2007

Norwich Union is to shed about 300 jobs at its IT operations in Norwich and a further 85 in Perth, although some staff will be redeployed in other Aviva group businesses. 11-Oct-2007

Barclays Wealth is to shed up to 350 finance jobs in Peterborough by the end of next year, in order to transfer work from its Eagle Court site to Glasgow and London. 11-Oct-2007

GMAC RFC is to shed 200 jobs at its Bracknell-based mortgage lending business and a further 60 jobs at High Street Home Loans on Tyneside. 10-Oct-2007

Fortis has announced plans to create a further 150 jobs at its new insurance underwriting office in Gloucester over the next year. 09-Oct-2007

Zurich International, the insurance company, is to set up a 100,000 sq ft office at the Aerospace Centre in Farnborough. 09-Oct-2007

Kirkpatrick & Lockhart Preston Gates Ellis, the law firm, is planning to set up a 120,000 sq ft office at the One New Change development in London EC4 in 2010. 09-Oct-2007

Lowell Group, the Leeds-based debt management company with 280 staff and an estimated value of more than £200m, has been put up for sale by Cabot Square. 08-Oct-2007

Lloyds TSB is planning to create 250 new jobs at its call centres in Wales, including 105 at Tredegar Park in Newport. 05-Oct-2007

Morgan Stanley of the US is to shed about 600 jobs in its residential mortgage business, including 90 at its Advantage subsidiary in the UK. 04-Oct-2007

Royal Bank of Scotland is to relocate Coutts bank and its Tyneside corporate and commercial operations into new offices at Trinity Gardens on Newcastle Quayside in January. 02-Oct-2007

Norwich Union is planning to shed 140 of the 430 jobs at its marketing operations in Norwich, London, Perth and Bristol early next year. 02-Oct-2007

Debtmatters, the personal insolvency firm, has appointed Charles Stanley to advise on strategic options, which is expected to lead to the sale of the business. 02-Oct-2007

Deloitte is said to be considering plans to relocate its Abbots House office in Reading to a new 60,000 sq ft site in the area. 01-Oct-2007

Credit Suisse Group is planning to shed up to 150 jobs in its mortgage-backed securities operations in the UK and US, in response to the recent uncertainty in credit markets. 27-Sep-2007

London General Insurance is to set up a new £4m call centre in the Forest of Dean early next year, with the creation of 250 jobs. 24-Sep-2007

Pinsent Masons, the law firm, has shortlisted three potential sites for a new 30,000 sq ft office in Manchester city centre. 24-Sep-2007

Nationwide is to open an additional call centre at Windmill Hill Business Park in Swindon next March, with the creation of 200 new jobs. 20-Sep-2007

VTB Bank has agreed a pre-let on a 70,000 sq ft office at the refurbished 12 Cornhill building in London. 20-Sep-2007

Asprea is creating 51 new jobs at a new insurance services office at the Alba Centre in Livingston. 19-Sep-2007

The Funding Corporation is to shed about 50 of the 410 jobs at its loans business in Chester. 19-Sep-2007

Reed Smith Richards Butler, the law firm, is to set up a 155,000 sq ft office at the Broadgate Tower development in the City of London. 13-Sep-2007

Intrum Justitia is looking to expand its Liverpool-based credit management and debt collection business, and the 200-strong workforce could double in size. 12-Sep-2007

Nationwide is to outsource its credit card processing operation to TSYS, and a new call centre will open in Coventry next year with capacity for up to 300 staff. 12-Sep-2007

HSBC is planning to consolidate its Birmingham-based staff into two new office blocks totalling 400,000 sq ft at Arena Central, and a prelet with Miller Developments is expected to be signed in November. 12-Sep-2007

Bloomberg is considering plans to relocate the London headquarters of its financial information business from Finsbury Circus to a 300,000 sq ft site in the City or Docklands. 12-Sep-2007

Newcastle Building Society is to set up a 50,000 sq ft office at the Cobalt Park development on Tyneside next year, and expects to create 500 jobs in the region over the next five years. 10-Sep-2007

Bridgepoint is considering plans to sell off its 1st Credit debt collection business for up to £350m, having appointed Citigroup to conduct a strategic review. 10-Sep-2007

The House of Lords is expected to relocate its members from Millbank House to a 60,000 sq ft office at 14 Tothill Street in Westminster, while the current site is refurbished. 10-Sep-2007

Crash Services is to expand the workforce at its Newry-based accident management business from 36 to 61, following a £2m investment in new facilities. 06-Sep-2007

Rollits, the law firm, is to expand its York office by October, in order to increase staffing levels from 33 to 44. 05-Sep-2007

The Ministry of Justice is seeking a new 300,000 sq ft headquarters for up to 4,000 staff in London, having appointed Knight Frank to advise on the consolidation of ten existing sites. 05-Sep-2007

Deutsche Bank has closed its proprietary credit trading desk in London with the loss of about seven of the 22 jobs. 03-Sep-2007

Mazars is to expand its social housing arm in Birmingham, with the creation of an internal audit team of ten staff. 31-Aug-2007

Jobson James, the Birmingham-based wealth management firm with more than 30 staff, is considering plans to expand into other major cities over the next 12 months. 31-Aug-2007

Citri, the Gateshead-based mortgage broker, is looking to expand its newly-formed nationwide team of 60 mortgage advisers to 400 by 2008. 31-Aug-2007

Experian is to transfer about 150 Nottingham-based staff to First Data International, following its decision to withdraw from processing credit card accounts. 30-Aug-2007

Fortis, the Belgian bank, is to set up an office on three floors of a new 12-storey block opposite the Skypark complex in Glasgow, which could create up to 200 new jobs. 27-Aug-2007

The Public Records Office of Northern Ireland is planning to relocate to an 85,000 sq ft office at the 30-acre Titanic Quarter development in Belfast in 2010. 27-Aug-2007

Towry Law, the provider of wealth management services, is to relocate its London headquarters from Queen Victoria Street to an 18,000 sq ft office on New Fetter Lane. 27-Aug-2007

Abbey is considering plans to close its call centre at Mercury House in Bournemouth with the loss of up to 125 jobs. 24-Aug-2007

Foot Anstey is to relocate its Plymouth-based law firm to a purpose-built 42,000 sq ft office at Salt Quay in 2009, and its current site at Derry's Cross will be used in the £75m Oceanique development. 24-Aug-2007

Cabot Financial is planning to expand the workforce at its debt purchasing business in West Malling, Kent, from 330 to 450 over the next two years. 24-Aug-2007

Bentley Jennison is planning to expand its 160-strong workforce in Yorkshire with up to 30 new jobs, having joined the RSM International accountancy network. 24-Aug-2007

Autonet Insurance Services is creating 60 new jobs at its vehicle and property insurance business in Stoke-on-Trent. 23-Aug-2007

Checkwell Decision Corporation of Canada is to open a UK headquarters for its employee checking business in Swansea, with the creation of 125 graduate jobs over the next two years. 23-Aug-2007

Royal Bank of Scotland is to set up a new 21,000 sq ft office at The Plaza in Liverpool's Old Hall Street in October, in order to house its corporate and commercial teams and 31 additional staff from Lombard. 23-Aug-2007

Fortis is planning to recruit an additional 250 staff at its Gloucester-based insurance business this year, having just opened a new 45,000 sq ft office at the Gloucester Business Park. 23-Aug-2007

Irwin Mitchell, the law firm, is seeking a suitable 40,000 sq ft site in Leeds to consolidate staff from three existing offices. 22-Aug-2007

Wake Smith is looking to relocate its Sheffield-based law firm to a larger office, and is seeking a site of up to 40,000 sq ft. 22-Aug-2007

Halliwells, the law firm, is seeking a suitable site for a 30,000 sq ft office in Sheffield, in order to provide more space than its existing 15,000 sq ft office at City Plaza. 22-Aug-2007

BGL Group, the insurance broker, is planning to create 70 jobs at its IT department in Peterborough, following a recent £1.8m investment in new premises. 17-Aug-2007

Homeserve Claims Management is looking to recruit 500 new staff for its call centre in Preston by the end of the year. 15-Aug-2007

Anglo Irish Bank is considering plans to relocate its London office from Old Jewry, having shortlisted three property firms to find a suitable 130,000 sq ft site. 15-Aug-2007

Blackrock, the investment management firm, has appointed CBRE to conduct a strategic review of its property, which is expected to lead to the search for a new 200,000 sq ft London headquarters. 15-Aug-2007

Virgin Money is planning to set up a 25,000 sq ft office at Lochside Avenue in Edinburgh. 13-Aug-2007

Hampden Underwriting is planning to raise up to £15m in a flotation on Aim to fund the expansion of its Lloyd's insurance business. 13-Aug-2007

Royal & Sun Alliance is to shed 500 of the 10,000 jobs in its UK insurance business, as part of a strategy to reduce costs by £70m. 09-Aug-2007

Royal Bank of Scotland is considering plans to create a further 100 jobs at its new Adwick Park office complex in Rotherham, including 50 in its retail markets division and 50 in corporate banking. 09-Aug-2007

Homeloan Management is to set up a new mortgage administration services centre at the Skypark complex in Glasgow, with the creation of up to 425 jobs. 08-Aug-2007

Lloyds TSB is to close 31 Cheltenham & Gloucester mortgage branches with the loss of 340 jobs, and 210 IT jobs will be transferred offshore from sites in London, Cardiff and Manchester. 08-Aug-2007

Bank of Ireland is to set up a £10m hedge fund administration centre at Donegall Square South in Belfast, with the creation of 149 jobs. 01-Aug-2007

West Bromwich Building Society is to open an overspill office at Falcon House in Dudley, while three mortgage processing centres will close in Coventry, Manchester and Cardiff with the transfer of 35 staff to Dudley. 24-Jul-2007

Co-operative Financial Services is to shed 1,000 jobs in its Manchester-based banking and insurance business by the end of the year, but £250m will be invested in regional corporate banking centres and an insurance website. 23-Jul-2007

Mirae Asset Financial of South Korea is planning to set up a headquarters for its fund management business at Canary Wharf in London in September, employing 30 staff. 19-Jul-2007

Kent Reliance Building Society is considering plans to relocate its headquarters and up to 50 staff from Chatham to Nantgarw near Cardiff. 13-Jul-2007

Morgan Stanley has secured a £6m EU grant to expand its financial and technology support operations in Glasgow, with the creation of up to 600 jobs. 11-Jul-2007

Debtmatters has raised £3m in a share placing to fund the expansion of its newly-formed debt management division. 10-Jul-2007

The Department for Work & Pensions is planning to close its social security office at Portobello in Edinburgh with the loss of 95 jobs, in order to transfer the work to Glasgow. 10-Jul-2007

Fitch, the financial ratings company with 700 staff, is to set up a new 120,000 sq ft headquarters at 30 North Colonnade in London's Canary Wharf in 2010. 09-Jul-2007

The Insolvency Service is seeking a suitable site for a new 50,000 sq ft regional headquarters in central Birmingham. 09-Jul-2007

Fulbright & Jaworski, the law firm, is said to be planning to set up a 352,000 sq ft office at 85 Fleet Street in London. 03-Jul-2007

Moneysupermarket.com is planning a flotation in July with an expected value of £1bn, and the proceeds will be used to fund acquisitions, increase advertising and pay back debt. 02-Jul-2007

Capital One is planning to close its home loans operation in Macclesfield with the loss of 230 jobs over the next few months. 29-Jun-2007

Barclays is to take a further 27,000 sq ft of office space at One Exchange Tower in London's Docklands. 25-Jun-2007

Lehman Brothers, the US investment bank, is to take 61,000 sq ft of office space at the South Quay 3 scheme in London's Docklands. 25-Jun-2007

K&L Gates, the US law firm, is to set up a 142,000 sq ft office at the One New Change scheme in the City of London in 2011. 25-Jun-2007

Bank of Ireland has agreed to take 70,000 sq ft of office space at Bow Bells house in the City of London. 25-Jun-2007

Remax, the US-based estate agency, is planning to open 16 new offices in Northern Ireland over the next two years, with the creation of 100 jobs. 21-Jun-2007

Begbies Traynor is expanding its professional services business across the country by opening five offices in Bournemouth, Derby, Dundee, Leicester and Northampton. 21-Jun-2007

The London Stock Exchange is in negotiations to acquire Borsa Italiana, the Italian equities, bond and derivative trading platform, for about £1bn. 21-Jun-2007

Barclays is considering plans to re-open a regional office in Nottingham, and is thought to be in negotiations for a site in Chapel Bar. 20-Jun-2007

Lloyds TSB is looking to sell its Abbey Life closed life insurance business for about £1bn. 18-Jun-2007

Equidebt is planning to raise up to £55m in a flotation on Aim to fund the expansion of its consumer debt business. 18-Jun-2007

GlobeOp, the provider of back-office administration services with 1,600 staff in London, India, the Cayman Islands and the US, is planning to raise £52m in a flotation on London's main market in July. 18-Jun-2007

HSBC is planning to halve the 8,000-strong workforce at its Canary Wharf head office in London by 2014, in order to allow 4,000 staff to work from home. 18-Jun-2007

Royal Bank of Scotland is in negotiations to relocate its Liverpool-based commercial team to a 21,000 sq ft office at Bruntwood's Plaza development later this year. 15-Jun-2007

CBG Group is to raise £3m in a share placing to fund acquisitions for its Manchester-based insurance broking and financial services business. 13-Jun-2007

Hammonds, the law firm, is to refurbish its Birmingham office at a cost of £9m over the next 14 months, in order to improve the facilities for its 230 staff. 12-Jun-2007

Bradford Council is planning to shed more than 400 management and administration jobs from its 21,000 staff by next April, affecting its payroll department, HR and procurement. 11-Jun-2007

BNP Paribas is to expand its securities and investment operations in Scotland over the next five years, with the creation of up to 270 jobs in Glasgow and 100 in Dundee. 04-Jun-2007

Cheque Centres is planning to invest £40m in the expansion of its chain of 105 money lending centres to 200 by the end of the year. 04-Jun-2007

Resolution, the insurance company, has awarded a £580m customer services and IT outsourcing contract to Capita Group, which will involve the transfer of 1,500 staff in Glasgow and 450 staff in Birmingham in August. 31-May-2007

Moneygate, the South Tyneside-based mortgage advice company, is planning to recruit 40 customer services staff and up to 150 face-to-face advisers over the next year. 30-May-2007

HBOS is to relocate 20 administration staff from Middlesbrough, Darlington and Sunderland to a new office being built at the Teesdale Business Park in Stockton by the end of the year. 30-May-2007

Towergate, the Maidstone-based insurance group with 3,500 staff at 100 offices, has received a number of takeover approaches from private equity firms which value the business at up to £3bn. 28-May-2007

Brewin Dolphin is to open new private client stockbroking offices in Plymouth and Swansea later this year. 28-May-2007

Speechly Bircham, the law firm, is to relocate its London office from St Andrews Street to a 90,000 sq ft site at New Street Square in Midtown. 28-May-2007

HSBC is considering plans to consolidate its five sites in Sheffield city centre and up to 2,500 staff into a new purpose-built regional office of up to 600,000 sq ft. 28-May-2007

Tenon Group is to create 30 new jobs at its accountancy office in Grangemouth over the next three years, taking the headcount to 120. 22-May-2007

Barclays is to open a private wealth management banking centre at Park Square in Leeds in June, and similar offices will open in other cities. 22-May-2007

Hugh James is currently recruiting 135 additional staff at its law offices in Cardiff and Merthyr Tydfil, to handle an increase in legal and processing work for HBOS and Norwich Union. 21-May-2007

Nationwide and Portman are to shed up to 900 jobs after the two building societies merge later this summer, including 100 retail management jobs and up to 300 in Nationwide's sub-prime lending arm. 18-May-2007

The Home Office is to set up an office for the new job vetting and barring scheme at the Morton Palms Business Park in Darlington next year, with the creation of about 270 jobs. 15-May-2007

ASB Law, the Maidstone-based law firm, is setting up a new division called ASB Aspire to focus on high-volume work, and the 38 staff will rise to 70 by the end of the year. 14-May-2007

Barclays is planning to shed 1,100 jobs at its payment processing centre in Poole over the next three years, and the Barclays House operation will be replaced with a smaller site. 11-May-2007

Henderson is to relocate its London-based fund management business from Broadgate to a 124,000 sq ft office at British Land's Bishopsgate development. 11-May-2007

Visa Europe, the credit card company, is said to be planning to set up a new 56,000 sq ft office at Kennet Wharf in Reading, with the relocation of hundreds of staff from Basingstoke. 09-May-2007

Goldsmith Williams is to create at least 100 new jobs at its Liverpool-based law firm, as part of a strategy to double its workload over the next three years. 08-May-2007

Hutchinson Thomas is to consolidate its three Neath-based law offices and up to 51 staff at a new £2.2m 15,000 sq ft office in London Road in July. 07-May-2007

Fresh Start Home Loans is to shed up to 55 of the 250 jobs at its finance business in Falmouth. 04-May-2007

Congregational & General is planning to relocate its insurance business from Bradford to Leeds by the end of the year. 03-May-2007

JP Morgan is planning to build a new European headquarters at St Alphage House in the City of London, including four 72,800 sq ft trading floors each capable of housing up to 1,000 dealers. 03-May-2007

PricewaterhouseCoopers has confirmed plans to set up a new headquarters for up to 6,000 staff at the 500,000 sq ft More London development by 2010. 01-May-2007

Charles Russell, the law firm, is to relocate its London headquarters to an 88,000 sq ft office at the Ludgate West scheme in Midtown. 01-May-2007

Jardine Lloyd Thompson, the insurance company, has appointed Cushman & Wakefield to find a suitable site for a new 300,000 sq ft office in London EC3. 01-May-2007

GE Money is looking to consolidate its Leeds offices, having appointed Cushman & Wakefield to find a suitable site of up to 200,000 sq ft. 01-May-2007

MBNA is planning to close its Chester-based consumer finance department, in order to focus on the credit market, but 340 of the 400 staff will be offered redeployment. 30-Apr-2007

Stroud & Swindon Building Society is seeking a new site in the Stroud area for the expansion of its call centre operation. 25-Apr-2007

Xafinity Paymaster is currently setting up a new office in Stafford to provide pensions administration services to Telent, with the transfer of 29 Telent staff. 24-Apr-2007

The Department for Work & Pensions is to shed 180 of the 900 jobs at the Carers' Allowance Unit in Preston by spring 2008. 23-Apr-2007

Bear Stearns of the US is planning to expand the workforce at its investment banking operations in Europe from 1,300 to 2,000 over the next two years, with the growth being focused on London. 23-Apr-2007

Anglo Irish Bank is planning to launch a private bank for wealthy investors in the UK. 23-Apr-2007

Towergate is planning to raise £250m to fund the acquisition of independent financial advisers. 23-Apr-2007

Barclays is to close its mortgage servicing call centre at the Crossways Business Park in Greenhithe, Kent, with the loss of 91 jobs, in order to transfer the work to Leeds. 20-Apr-2007

Royal Bank of Scotland is in discussions to set up a 370,000 sq ft office at Land Securities' Bankside development on London's South Bank. 19-Apr-2007

The Department for Work & Pensions is to transfer social fund processing from Moray to Inverness in June, with the loss of up to 40 jobs in Elgin. 18-Apr-2007

Hargreaves Lansdown has announced plans for a flotation in May that is expected to value the Bristol-based financial services business at more than £650m. 17-Apr-2007

Dickinson Dees is creating 12 new jobs at its law firm on Teesside, in preparation for the introduction of home information packs, and further jobs will be created at its two other offices in the North East. 16-Apr-2007

Asprea is setting up a support services call centre at the Eastern Business Park in Cardiff, as part of a new chain of six regional centres that manage household claims for the Norwich Union Partnership. 12-Apr-2007

Citigroup is planning to shed hundreds of jobs at its consumer and investment banking operations in London, as part of a global redundancy programme that could lead to the loss of up to 17,000 jobs. 12-Apr-2007

Kuit Steinart Levy is planning to double the size of its Manchester-based law firm over the next five years, including bolt-on acquisitions and an increase to the 144 staff. 11-Apr-2007

Baker Tilly is to relocate its Bristol-based accountancy office and 85 staff to Hartwell House in Victoria Street in early 2008. 11-Apr-2007

Higham Dunnett Shaw is to shed up to 33 jobs at its Telford-based business providing consultancy and delivery services to the life and pensions industry. 09-Apr-2007

Acumen Group is planning to expand the 80-strong workforce at its Aberdeen-based financial and business services group with ten new staff over the next three months, and its Freelance Euro Contracting division in Manchester is seeking larger premises. 05-Apr-2007

Capita is to close its Aspen House call centre in Colchester by September, with the loss of up to 180 jobs, following a decision by Norwich Union to bring its claims handling in-house. 03-Apr-2007

Ford Simey is to relocate its Exeter-based law firm to the 75,000 sq ft Senate office development in Southernhay by early 2008. 02-Apr-2007

Advantage West Midlands is to contribute £3m to the running costs of the new Investbx stock exchange due to open in Birmingham this summer. 02-Apr-2007

Barclays has appointed Atisreal and Donaldsons to help with the sale of more than 200 small branches across the country, following its merger with Woolwich. 02-Apr-2007

Deutsche Bank is looking to set up a new London office of up to 250,000 sq ft, having appointed Jones Lang LaSalle to find a suitable site. 02-Apr-2007

The Department for Work & Pensions is to close its Kingsmead House pensions office in Bath in March 2008, with the loss of 370 jobs. 29-Mar-2007

Clydesdale Bank is to create 68 jobs at its back-office operations in Clydebank and Glasgow. 29-Mar-2007

Norwich Union has announced plans to relocate a further 1,100 staff from the centre of Norwich to two new offices being built on the Broadland Business Park next year. 29-Mar-2007

Yorkshire Bank is to shed more than 100 jobs at its account management and back-office technology support departments in Leeds. 28-Mar-2007

Brightside Group has closed its David & Co debt advice call centre in Fochabers with the loss of about 35 jobs, in order to transfer the work to its site in Bristol. 26-Mar-2007

Standard Life, the Edinburgh-based life and pensions group, is planning to shed a further 1,000 jobs over the next two years, in order to save £100m a year by 2009. 23-Mar-2007

Begbies Traynor has raised £8m in a share placing to fund acquisitions and organic growth for its insolvency and corporate recovery business. 22-Mar-2007

A&L Goodbody, the Irish law firm, is to open an office in Belfast in May through the acquisition of Stafford Thompson Johnston. 22-Mar-2007

Brabners Chaffe Street is to create up to 18 new jobs at its law offices in Preston, Liverpool and Manchester, due to rising demand for employment, private client, property and litigation services. 21-Mar-2007

Kaupthing is planning to set up a new banking office in Birmingham this summer and expects to create at least 20 jobs within three years. 21-Mar-2007

KPMG Scotland is creating up to 60 jobs at a new office in Glasgow, having won a contract to provide income tax services to an unnamed financial institution. 21-Mar-2007

London & Country Mortgages is to create 50 new jobs at its finance operations in Bath over the next few months. 20-Mar-2007

Cattles has raised £133m in a share placing and now plans to spend up to £1bn expanding its consumer lending business over the next three years. 19-Mar-2007

Prudential is considering plans to outsource or offshore the jobs of up to 2,000 UK-based staff, as part of a strategy to make annual cost savings of £195m by 2010. 16-Mar-2007

West Bromwich Building Society is looking to recruit almost 100 staff to work in customer services, commercial and residential lending, property services and credit management. 14-Mar-2007

Countrywide is planning to open a further 100 estate agency offices nationwide over the next three years, with the creation of 500 jobs. 14-Mar-2007

Tenon is to relocate its Edinburgh-based accountancy office to a larger site in Dundee Street in April, and the 70-strong workforce will rise to 100 over the next 18 months. 13-Mar-2007

Ecclesiastical is considering plans to relocate its Gloucester-based insurance business and up to 600 staff, and is currently looking at five potential sites. 13-Mar-2007

Portman Building Society is to close its Portman Direct office in Wolverhampton later this year with the loss of 250 jobs, in order to transfer the work to Nationwide Direct. 12-Mar-2007

Barclays Capital, the investment bank, is planning to set up a 300,000 sq ft office at 40 Bank Street in London's Canary Wharf. 12-Mar-2007

Business Link North East is planning to set up a new headquarters at the Spectrum Business Park in Seaham, in order to support more than 300 staff providing services to companies throughout the region. 09-Mar-2007

Norwich Union is to outsource the administration of life and pension policies to Swiss Re, with the transfer of about 1,000 staff at sites in Norwich and Stevenage. 08-Mar-2007

Barclaycard is to close its Peterloo House call centre in Manchester in July with the loss of 630 jobs, in order to transfer work to India. 07-Mar-2007

Axa Insurance is to set up a new £15m customer service call centre in Londonderry by May, with the creation of 150 jobs. 06-Mar-2007

Babson Capital, the loan management company, is planning to set up a 26,000 sq ft office at the Centrium building in London's Midtown. 05-Mar-2007

Ceridian is planning to expand the workforce at its human resources consultancy in Glasgow from 80 to 330 over the next three years. 02-Mar-2007

Zurich Insurance is to relocate 585 jobs from Stanhope Road, Portsmouth, to a new multi-million pound office in Whiteley by the end of the year. 01-Mar-2007

GE Money has confirmed plans to set up a new 100,000 sq ft office at Cobalt Park in Newcastle upon Tyne by June 2008, with the creation of 400 new jobs. 21-Feb-2007

Royal & Sun Alliance is creating up to 125 jobs at its MoreThan insurance call centre in Peterborough. 21-Feb-2007

Portman Building Society is to close nine branches in the West Midlands in April, including sites in Albrighton, Bewdley, Bloxwich, Cradley Heath, Perton, Telford, Tettenhall, Willenhall and Wombourne. 21-Feb-2007

The East Midlands Development Agency has announced that up to 40 jobs will be lost when five Business Links offices are combined into one operating from Derby in April. 21-Feb-2007

Barclays is planning an international expansion programme for its retail banking business, and will open 350 new branches in Italy, Spain, Portugal, Africa and the Middle East this year. 21-Feb-2007

Dawn Advice is planning to expand the workforce at its telephone-based debt advice business in Northumberland from 20 to 150 over the next three years, having won a contract from government agency Community Legal Services Direct. 20-Feb-2007

Neteller, the online payment processor, is to shed 30 jobs with the relocation of operations from Gatwick to Cambridge, and a further 220 jobs will be lost in Canada. 19-Feb-2007

Direct Legal & Collections is looking to expand the workforce at its debt collection call centre in Brackley from 400 to 600 over the next two years. 16-Feb-2007

Accident Exchange is creating 45 new jobs at its new 220,000 sq ft head office at Hams Hall, and is seeking specialists in logistics, sales and insurance claims. 14-Feb-2007

Mayer Brown Rowe & Maw, the law firm, is planning to set up a 225,000 sq ft office at 201 Bishopsgate in London. 14-Feb-2007

HM Revenue & Customs is planning to close two tax offices in Derby and relocate 400 staff to a centralised site in Nottingham. 13-Feb-2007

Barclaycard is to shed up to 200 jobs at its headquarters in Northampton, which will mainly affect the card acquiring and corporate side of the business. 12-Feb-2007

Prestige Acceptance is planning to create 19 new jobs at its Cardiff-based secured loans business over the next seven months. 09-Feb-2007

Prudential is planning to shed 130 jobs in Cragforth near Stirling and 80 in Reading over the next 18 months, in order to transfer more work to India. 08-Feb-2007

Lloyds TSB is to close its back-office processing operation in Peterborough by the end of the year, with the loss of 243 jobs. 07-Feb-2007

Maclay Murray & Spens, the law firm, is said to be considering plans to relocate its Edinburgh office to a 50,000 sq ft site at the Quartermile development. 06-Feb-2007

Lloyds TSB has appointed Lehman Brothers to manage the sale of its share registration division for up to £600m. 05-Feb-2007

Polar Capital, the investment trust and hedge fund manager, is to raise £6m in a flotation on Aim. 05-Feb-2007

HSBC is considering plans to consolidate its offices in Sheffield, Birmingham and London into single regional sites, following a property review by CB Richard Ellis. 05-Feb-2007

Scottish Enterprise is planning to shed up to 45 senior management jobs at its Glasgow headquarters over the next few months. 01-Feb-2007

Norwich Union is to close the Harrogate-based IT operation of its HPI vehicle information business by August, with the loss of about 40 jobs. 01-Feb-2007

Norwich Union is transferring 150 call centre jobs from India to Norwich, in order to receive calls from customers making their initial insurance claim. 30-Jan-2007

BDO Stoy Hayward is to relocate its Bromley office and up to 120 staff to a 21,000 sq ft site at Gatwick's City Park in the spring. 30-Jan-2007

Northern Rock is planning to expand its network of mortgage banks from 72 to 100 over the next four years, and will also invest in IT and telephone systems. 26-Jan-2007

DWF, the legal firm, is to set up a 42,000 sq ft office at the St Paul's Square development in Liverpool, in order to relocate up to 330 staff from existing sites in Castle Street and Mathew Street. 25-Jan-2007

Hargreaves Lansdown is considering plans for a £600m flotation of its financial services business, having appointed Lexicon Partners to review its options. 22-Jan-2007

Barclays Bank is seeking a new office of up to 150,000 sq ft in Birmingham, in order to consolidate some of its existing sites. 22-Jan-2007

Provident Financial is considering plans to sell off its motor insurance division for an estimated £200m. 18-Jan-2007

Citigroup has announced plans to create 117 jobs at a new operations centre in Belfast this year, having secured a £1.6m grant from Invest Northern Ireland. 17-Jan-2007

Admiral is to recruit 75 additional staff at its insurance call centre in Swansea, as well as a further 50 in Cardiff. 17-Jan-2007

Begbies Traynor is looking to spend up to £20m on acquisitions to expand its corporate recovery and insolvency business. 17-Jan-2007

PSM Direct, the law firm, is to create a further 25 jobs at its new office in Glasgow later this year. 16-Jan-2007

Winn Solicitors is planning to expand the staff at its Newcastle-based law firm from 70 to 250 over the next three years. 11-Jan-2007

Norton Finance is planning to create up to 300 jobs at its Rotherham-based financial broking business, and its £5m expansion programme will include a new customer care office at Portland House. 11-Jan-2007

Yorkshire Building Society is planning to open 15 new branches over the next three years, with the creation of about 100 jobs. 10-Jan-2007

Alliance Trust, the investment company, is to build a new headquarters in Dundee by the end of 2008, with the creation of 160 new jobs. 09-Jan-2007

Skandia, the financial services company, is considering plans to outsource 220 IT jobs in Southampton to HCL of India. 02-Jan-2007







The information below comes from the UK Activity Report.
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