UK Business Park

Financial Services 2008


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The information on this page comes from the UK Activity Report.
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Gasbox is considering plans to shed up to 50 of the 110 jobs at its call centre in Nottingham, as work on the Kaupthing Edge savings account is transferring to ING Direct. 23-Dec-2008

Norwich & Peterborough Building Society is to shed up to 40 of the 483 jobs at its headquarters in Peterborough by February 2009. 22-Dec-2008

Barclays is said to be considering plans to sell its private equity unit to management, with the transfer of up to 57 investment staff. 22-Dec-2008

F&C Asset Management is to shed up to 99 jobs, in order to reduce administration costs by £15m. 18-Dec-2008

Addleshaw Goddard is to shed 90 of the 1,425 jobs at its law offices in London, Leeds and Manchester. 17-Dec-2008

Standard Life is to shed 75 jobs in Edinburgh and Bournemouth, as part of a change in its marketing strategy that will also involve the creation of 38 management jobs in Edinburgh. 17-Dec-2008

Computershare is to shed up to 90 of the 1,250 jobs at its investor services business in Bristol early next year. 17-Dec-2008

Watson Burton is to shed up to 14 of the 400 jobs at its law offices in Newcastle, Leeds and London. 15-Dec-2008

Ignis Asset Management is to shed up to 35 of the 400 jobs at its office in Glasgow. 15-Dec-2008

The City of London Corporation is to link up with the mayor and business groups next year to create a single body called City UK to promote London as a financial services centre. 15-Dec-2008

Santander of Spain is planning to shed 1,900 of the 23,000 jobs at its banking operations in the UK next year, affecting staff at Leicester-based A&L, Yorkshire-based Bradford & Bingley and London-based Abbey. 15-Dec-2008

Source42 has announced the creation of more than 30 jobs at its procurement services business in Cwmbran, having secured an investment package from HSBC, Finance Wales and the Welsh Assembly. 11-Dec-2008

West Bromwich Building Society is to shed 152 jobs at its administrative offices in West Bromwich and Dudley. 11-Dec-2008

Friends Provident is to transfer 200 staff to IBM in a ten-year IT outsourcing deal, in order to save £6m a year. 11-Dec-2008

Barclays is to shed 66 of the 900 jobs at its office in Poole over the next three years. 10-Dec-2008

Kitson Hutchings is to relocate its two Torquay law offices to a larger site at the Edginswell Business Park in 2010. 10-Dec-2008

Barclays is to shed up to 109 jobs in Cardiff, in order to transfer the work of its deceased case management unit to a supplier in Stratford-upon-Avon. 09-Dec-2008

TDX Group is planning to expand the workforce at its Nottingham-based debt services business from 130 to 250 over the next two years, having secured a £28m investment from the sale of a 40% stake to Investcorp Technology Partners. 09-Dec-2008

Commerzbank is to shed up to 1,200 of the 3,000 jobs at its banking operations in London, mainly affecting its fixed income, corporate finance, equity markets and commodities divisions. 08-Dec-2008

BDO Stoy Hayward is planning to shed up to 250 jobs at its accountancy offices across the country. 08-Dec-2008

HM Revenue & Customs has announced plans to close more than 90 offices and shed 3,400 jobs across the country. 05-Dec-2008

Homeserve is to shed up to 60 of the 900 jobs at its insurance claims call centre in Preston early next year. 05-Dec-2008

Nomura is to shed up to 1,000 of the 4,500 jobs at its investment banking operations in London. 04-Dec-2008

Birmingham Midshires is to shed 40 financial consultancy jobs from its 2,000-strong workforce in Wolverhampton, but the affected staff will be offered other jobs. 04-Dec-2008

Credit Suisse is to shed about 650 jobs at its investment banking operations in London, Manchester and Birmingham. 03-Dec-2008

DLA Piper is to shed up to 40 real estate and finance jobs at law offices in Birmingham, Glasgow, Leeds, Liverpool, London and Manchester. 03-Dec-2008

Alliance Trust is to shed almost 30 of the 300 jobs at its investment trust offices in Dundee and London. 03-Dec-2008

HSBC is to shed up to 500 jobs at sites in London, Birmingham, Chester, Leeds and Sheffield. 02-Dec-2008

HSBC has submitted plans to build a £300m 325,000 sq ft data centre at the Vangarde business park in York, with the creation of about 100 jobs. 02-Dec-2008

TLT is to shed up to 20 fee-earning and support jobs at its law offices in Bristol and London. 02-Dec-2008

Essex County Council is considering plans to establish its own public sector bank, in order to raise £50m to help fund small businesses. 01-Dec-2008

Amlin is planning to withdraw from the credit insurance market, casting doubt on the future of up to 30 jobs. 01-Dec-2008

The Money Centre is to shed a further 20 of the 63 jobs at its buy-to-let mortgage broking business in Norwich. 27-Nov-2008

BGL Group is to recruit 60 extra staff at its Fusion insurance call centres in Peterlee and Sunderland over the next few months. 26-Nov-2008

Nomura is considering plans to relocate 2,500 former Lehman Brothers staff to a new 250,000 sq ft office in the City of London, having appointed Drivers Jonas to review its property. 25-Nov-2008

Tughans is to close its office in Lurgan and restructure its Londonderry-based law business, with the loss of up to 15 jobs. 24-Nov-2008

Field Fisher Waterhouse is to shed up to 40 of the 300 support jobs in its UK law firm. 24-Nov-2008

Bradford & Bingley is planning to expand the workforce in its mortgage arrears division from 200 to 400 next year, with many of the staff transferring from other departments. 21-Nov-2008

TransGlobal Payment Solutions (TPS) has secured a £1m investment from Alliance Fund Managers and Enterprise Ventures to expand its foreign exchange and payment services business across the country. 20-Nov-2008

Swinton is planning to expand the 200-strong workforce at its insurance call centre in Norwich with a further 60 jobs by January. 20-Nov-2008

Collins Stewart is to shed about 20 stockbroking and sales jobs, in order to refocus its capital markets unit on mid-cap companies. 20-Nov-2008

The Money Centre has closed its buy-to-let mortgage broking office in Sheffield, with the loss of an unspecified number of jobs. 19-Nov-2008

Hammonds is to shed up to 95 jobs from its global network of law offices, including Birmingham, Leeds, London and Manchester. 18-Nov-2008

Grant Thornton is to relocate up to 60 staff from its accountancy office in Nottingham to a new office on Regent Road in Leicester by next February. 18-Nov-2008

Citigroup is planning to cut the workforce in its global financial services business by 52,000 jobs, which is likely to affect its investment banking operation in London, the Egg credit card business in Derby and the administrative unit in Belfast. 18-Nov-2008

CMS Cameron McKenna, the law firm, is seeking a suitable location for a new 300,000 sq ft headquarters in London, as there is a lease break on its existing Aldersgate Street site in 2015. 18-Nov-2008

New Star is to shed up to 60 of the 380 jobs in its London-based asset management business, as part of a £20m cost-cutting campaign. 17-Nov-2008

Loans.co.uk is planning to close its Ring Way office in Preston, with the loss of 78 jobs. 17-Nov-2008

Royal Bank of Scotland is to shed about 3,000 jobs at its investment banking operations in 50 countries. 17-Nov-2008

Friends Provident is to relocate its customer services, IT and other support functions from the Manchester Express building to Spring Gardens by the end of next year, but up to 280 of the 465 jobs could be lost. 14-Nov-2008

Handelsbanken is to open a commercial services and personal banking office at the Acorn Business Park in Stockport by the end of the month. 14-Nov-2008

Nottingham Building Society is to shed more than 20 jobs in the lending and IT departments of its Nottingham-based headquarters. 14-Nov-2008

HSBC is considering plans to shed up to 50 of the 800 jobs at its HFC sub-prime loans business in Birmingham. 13-Nov-2008

Creditsafe is to relocate up to 100 jobs from its Marketsafe office in Bridgend to its site in Caerphilly, in response to the economic downturn. 12-Nov-2008

SIX Swiss Exchange is to close its London office with the loss of 40 jobs, in order to transfer the work to Switzerland and save £8m a year. 12-Nov-2008

Alliance & Leicester is to shed 25 of the 300 jobs at its Heritage House office in Leicester, due to falling demand for loans. 11-Nov-2008

CBG has raised £1.6m in a share placing to fund the expansion of its Manchester-based insurance broking and financial services business. 10-Nov-2008

First Rand Bank of South Africa is to set up a 26,000 sq ft office at the 20 Gracechurch Street scheme in the City of London, which is due for completion next October. 10-Nov-2008

Esure has cut the jobs of 17 team leaders at its insurance call centre in Glasgow, but is still recruiting at other levels. 06-Nov-2008

The Legal Services Commission is planning to shed up to 600 of its 1,700 jobs over the next few years, and offices in Birmingham, Brighton, Cambridge, Cardiff, Chester, Manchester, Leeds and Reading will close. 05-Nov-2008

Blake Lapthorn is to shed about 40 jobs at its law offices in London and the South East. 05-Nov-2008

Brewin Dolphin is to set up an 11,000 sq ft office for its Stocktrade broking division at 40 Princes Street in Edinburgh. 04-Nov-2008

PricewaterhouseCoopers is said to be planning to set up a 28,000 sq ft office at the 141 Bothwell Street scheme in Glasgow. 03-Nov-2008

Shore Capital is planning to open an investment management office in Edinburgh, using a team from Landsbanki Securities. 03-Nov-2008

Lloyd's Register is planning to relocate its London-based marine operation to the Maritime Centre of Excellence development at the University of Southampton, with the creation of up to 400 jobs. 30-Oct-2008

Coutts is opening regional banking offices in Exeter and Cheltenham. 30-Oct-2008

Loanmakers is planning to shed 35 of the 70 jobs at its Bolton-based loans broking business. 29-Oct-2008

Clarke Willmott is to shed up to 40 fee-earning and support staff at its law offices in Birmingham, Bristol, Southampton and Taunton. 29-Oct-2008

Aviva is to shed 125 jobs at its Norwich Union insurance business in Norwich, and there will also be cuts in York, Sheffield and Stevenage. 28-Oct-2008

Pagan Osborne is to shed 13 of the 120 jobs at its Fife-based law firm, which has six offices. 28-Oct-2008

Liberata is shedding 100 jobs at its educational maintenance allowances call centre in Nelson. 28-Oct-2008

Goldman Sachs is planning to shed up to 10% of the 33,000 jobs in its global investment banking business, with New York and London being hardest hit. 27-Oct-2008

Straumur-Burdaras of Iceland is to acquire some of assets of the Teathers securities and advisory business out of administration, saving up to 80 London-based jobs. 27-Oct-2008

Autonet Insurance is to relocate its Staffordshire-based vehicle insurance call centre to a new site in Burslem next June, and hopes to create 250 new jobs over the next three years. 24-Oct-2008

Yorkshire Building Society is to merge with Barnsley Building Society, which has eight branches and 60,000 members. 23-Oct-2008

Beachcroft is to acquire the clinical negligence team of Eversheds in Leeds and Newcastle, with the transfer of 11 lawyers. 22-Oct-2008

Parasol, the employment services firm with 90 staff in Warrington, London and Glasgow, is to start seeking acquisitions in order to create a group with turnover of £400m. 22-Oct-2008

LaSalle Investment Management is to set up a 20,000 sq ft office at 20 Gresham Street in London EC2. 21-Oct-2008

HM Revenue & Customs is to expand its human resources service centre at Hilary House in York, with the creation of up to 60 jobs. 20-Oct-2008

AWD Home Finance has shed 50 of the 320 jobs at its mortgage broking business in Leicester. 15-Oct-2008

Bibby Financial Services has secured a new £340m funding facility to support the expansion of its factoring business, which includes a nationwide network of 12 regional offices. 14-Oct-2008

Student Loans Company is looking to recruit a further 200 customer services staff and student finance assessors at its site in Darlington. 14-Oct-2008

Talaris, the cash handling firm, is to set up a new 11,000 sq ft headquarters at Chineham Park in Basingstoke. 14-Oct-2008

Norwich Union is considering plans to shed up to 200 of the 1,000 jobs at its insurance operations in York by 2010, in order to improve the efficiency of the finance department. 14-Oct-2008

Royal Bank of Scotland is expected to shed hundreds of the 25,000 jobs in its global markets and investment banking division, following the government's £20bn capital injection. 14-Oct-2008

Marshall Wace, the hedge fund, is looking to consolidate its London offices into a single West End site of up to 50,000 sq ft, and a number of potential locations are being considered. 14-Oct-2008

Fidelity International is to shed up to 200 of the 2,000 jobs in its UK fund management business. 13-Oct-2008

HSBC is to set up an 18,750 sq ft banking services office at 141 Bothwell Street in Glasgow early next year. 10-Oct-2008

Stroud & Swindon Building Society is to shed 43 jobs at its head office in Stroud in December. 10-Oct-2008

Hanley Economic Building Society is to set up a new £1.8m head office at the Festival Court scheme in Etruria Valley, Staffordshire. 08-Oct-2008

UBS of Switzerland is to shed up to 2,000 jobs, including an unspecified number of the 7,000 staff at its investment banking operation in London. 06-Oct-2008

Shoosmiths, the law firm, is planning to open a mortgage recovery office in Manchester in January. 06-Oct-2008

Loans.co.uk is to shed 94 jobs at its loans offices in Preston, Watford and Fareham. 06-Oct-2008

Cattles is said to be looking to sell its Manchester-based invoice finance division. 03-Oct-2008

GE Money is to close its mortgages office in Wolverhampton early next year, with the loss of about 100 jobs. 02-Oct-2008

Cobbetts is to shed up to 40 fee-earning jobs at its law offices in Manchester, Leeds and Birmingham. 02-Oct-2008

Conister Financial Group has sold 51% of its TransSend prepaid card business to Altair Financial Services International and Equity Special Situations for £5.1m. 01-Oct-2008

Allianz Insurance is planning to close its office in Tunbridge Wells next year with the loss of up to 125 jobs, in order to transfer the work to Brentford, Guildford and Bristol. 30-Sep-2008

HSBC is to shed 1,100 of the 335,000 jobs in its worldwide banking business, with many of the losses being at its investment banking division in London's Canary Wharf. 29-Sep-2008

Accuma Group is to close Loan Line, its Hampshire-based loans broking business, in order to focus on its debt management and IVA divisions. 29-Sep-2008

Winkworth Sherwood, the law firm, is setting up a new 40,000 sq ft office at Minerva House in Southwark, London. 29-Sep-2008

Bradford & Bingley is to close its mortgage processing centre at Borehamwood next year, with the loss of 300 jobs, and a further 50 mortgage jobs will be cut in its branches. 26-Sep-2008

Henderson Insurance Brokers is to recruit 30 new staff to work in its corporate insurance business. 25-Sep-2008

Halliwells, the law firm, is to shed up to 40 jobs at its real estate departments in Manchester, Liverpool, London and Sheffield. 25-Sep-2008

The Scottish Qualifications Authority is considering the Shawfair Park development in Midlothian as a possible site for a new headquarters for 200 staff, and two locations in west Edinburgh are also being looked at. 24-Sep-2008

Pinsent Masons, the law firm, is to set up a new office on the third floor of the 63,000 sq ft Quay 2 complex at Fountainbridge in Edinburgh. 24-Sep-2008

Wragge & Co, the law firm, is to shed up to 30 fee earning jobs in London and Birmingham. 23-Sep-2008

Oldham Council is considering plans to shed up to 850 jobs, in order to reduce a budget deficit of more than £17m. 22-Sep-2008

Alliance Trust is to relocate up to 300 Dundee-based staff to a new 50,000 sq ft headquarters being built at West Marketgait by spring 2009. 22-Sep-2008

Barnsley Council is planning to shed up to 100 jobs, in order to reduce administration costs. 22-Sep-2008

Nasdaq OMX is planning to set up an investment exchange and listings venue for initial public offerings in London. 22-Sep-2008

Knight Frank has been appointed by Metro Bank to find suitable locations to open four bank branches in London by 2009, and the chain could eventually expand to 200 outlets. 22-Sep-2008

The University of Plymouth is to shed 223 jobs from its 3,000-strong workforce, in order to help cut costs by £10m. 19-Sep-2008

Smith & Williamson is increasing the headcount at its new investment management office in Glasgow from 35 to 90. 19-Sep-2008

RSA Insurance is considering plans to relocate its headquarters to Ireland, for tax reasons. 18-Sep-2008

Prudential is considering plans to relocate its headquarters to either Ireland or the Netherlands. 18-Sep-2008

Martin Currie is to shed up to 18 jobs at the Edinburgh head office of its investment management business by the end of the year. 18-Sep-2008

Wolverhampton City Council is to shed up to 300 jobs in its finance, customer services, HR, IT and procurement departments over the next six months. 18-Sep-2008

The Insolvency Service is to relocate its Manchester office to a 20,000 sq ft unit at Three Piccadilly Place. 17-Sep-2008

HSBC is considering a site at Monks Cross in York for the development of a new credit card data processing centre, which could create up to 200 jobs. 17-Sep-2008

Begbies Traynor has raised £13m in a share placing to fund the expansion of its corporate insolvency practice. 16-Sep-2008

Lehman Brothers, the US-based investment bank, has filed for bankruptcy protection, casting doubt on the future of up to 4,000 jobs at Canary Wharf in London. 16-Sep-2008

Nationwide Building Society is planning to close five mortgage processing centres in Belfast, Rayleigh, Sevenoaks, Southampton and Swansea, with the loss of about 100 jobs. 15-Sep-2008

Dunfermline Building Society is to shed about 50 of the 290 jobs at its head office in Fife. 12-Sep-2008

The Greater London Authority is to shed more than 100 jobs from its 800-strong workforce, in order to make savings in administration costs and reduce the number of departments from six to four. 11-Sep-2008

Newcastle Building Society is planning to expand its 1,300-strong workforce with 500 new jobs by 2012, with 200 being recruited by the end of this year. 11-Sep-2008

HM Revenue & Customs is creating 350 jobs for a new contact centre at Lillyhall in Cumbria, and a further 50 jobs will be secured at Blencathra House in Whitehaven. 10-Sep-2008

Highway Insurance is to shed 20 jobs at its Hero insurance office in Ipswich, as more customers are now buying online. 10-Sep-2008

Ward Hadaway is planning to shed up to 30 of the 400 jobs at its Tyneside-based law firm. 09-Sep-2008

Ecclesiastical Insurance is planning to relocate 650 staff to a new headquarters that will be built at Southgate Moorings in Gloucester. 09-Sep-2008

Principality Building Society is to close its Moneypilot online mortgage broking business in Cardiff, with the loss of the remaining 13 jobs. 08-Sep-2008

Eversheds is planning to shed up to 33 property law jobs, while its Norwich and Cambridge offices will merge into one location in Cambridge. 05-Sep-2008

Pearl Group is to close its life assurance offices in Glasgow and Peterborough with the loss of up to 480 jobs, in order to consolidate the work at its Wythall site near Birmingham. 04-Sep-2008

The Fairtrade Foundation is setting up a 16,232 sq ft headquarters at Ibex House in the City of London. 02-Sep-2008

McDermott, Will & Emery, the US law firm, is considering plans to relocate its London office to an 80,000 sq ft unit at 1 Finsbury Circus. 02-Sep-2008

King & Spalding, the US law firm, is to set up a 34,000 sq ft office at 125 Old Broad Street in the City of London. 01-Sep-2008

Henderson Group is to relocate the headquarters of its investment management business to Ireland for tax reasons, at a cost of £4.5m. 01-Sep-2008

Park Motor Finance is planning to shed an unspecified number of the 70 jobs at its car finance business in Cardiff. 29-Aug-2008

Cheshire Building Society is to shed up to 20 of the 490 jobs at its headquarters in Macclesfield, and some of the other staff will be transferred to branches. 28-Aug-2008

Co-operative Group is considering plans to open mini-banks in up to 125 food stores, with the creation of 250 jobs, depending on the success of a £2.5m trial. 28-Aug-2008

Clydesdale Bank is to set up a 15,630 sq ft office at Stockland's 33 Gracechurch Street scheme in the City of London. 27-Aug-2008

Blenheim Bishop has closed its London-based residential estate agency business with the loss of ten jobs, in order to focus on lettings. 27-Aug-2008

HSBC is creating 20 jobs at a new bank branch on Royal Avenue in Belfast, and is now planning further expansion for its chain of six branches in Northern Ireland over the next three years. 25-Aug-2008

HBOS is to close 53 Halifax estate agency branches with the loss of about 100 jobs, in order to focus on its core markets in the Midlands and the north. 25-Aug-2008

Nationwide is planning to set up a savings business in Ireland, in order to provide services by post, phone and online and to gain access to European Central Bank funding. 19-Aug-2008

Fried Frank, the US law firm, is looking to relocate its London office by 2010, having appointed Knight Frank to find a suitable 45,000 sq ft location. 19-Aug-2008

Brit Insurance is considering plans to relocate its head office to a country with preferable tax rates, having appointed Ernst & Young to review the options. 18-Aug-2008

HBOS is to shed 425 jobs at its mortgage and IT operations in Chester, Cardiff, Edinburgh, Livingston and West Yorkshire, and its TMB mortgage brand will be closed to new business. 14-Aug-2008

Barclaycard is seeking a further 120 customer services and sales staff for its call centre at Teesdale on Teesside. 14-Aug-2008

Selby District Council and UK Coal are in discussions with an unnamed financial institution about the possibility of setting up an information distribution centre at the former Wistow Mine site, with the creation of about 200 jobs. 14-Aug-2008

TIAA-CREF, the US pension fund, is to set up an office in London to invest in European property, with the creation of up to six jobs over the next 18 months. 12-Aug-2008

BDO Stoy Hayward is to relocate its Manchester office to a 35,000 sq ft building at Hardman Street in Spinningfields, which is due for completion this autumn. 12-Aug-2008

Orrick Herrington & Sutcliffe, the US law firm, is to set up an 80,000 sq ft office at 107 Cheapside in London. 08-Aug-2008

Hallidays is to relocate its Manchester-based accountancy business and 65 staff to a new £2.5m headquarters in Stockport this autumn. 07-Aug-2008

Siemens is to shed about 500 jobs at the National Savings Bank office in Cowglen, Glasgow, following the loss of a bank account maintenance contract for Barclays customers. 06-Aug-2008

Moneysupermarket.com is to shed 54 jobs at its Flintshire-based price comparison business, following a fall in demand for mortgages. 05-Aug-2008

ASB Law is to close its offices in Brighton and Horsham and consolidate the work in Maidstone and Crawley, with the loss of 45 jobs. 04-Aug-2008

JP Morgan, the investment bank, is to set up a new London headquarters at Canary Wharf, having dropped plans to take a 90,000 sq ft office at St Alphage House in the City. 04-Aug-2008

Allied Irish Bank is to relocate its Manchester office to the Peel Court Chambers scheme in the Spinningfields district. 01-Aug-2008

Moneyquest is to close its online mortgage broking office in Edinburgh, raising concern that up to 50 of the company's 124 jobs could be lost. 30-Jul-2008

Norwich Union has confirmed plans to shed 500 administration jobs in York, in order to outsource 200 jobs to International Financial Data Services in Basildon and 300 jobs to Scottish Friendly in Glasgow. 30-Jul-2008

Barclays Commercial Bank is to relocate about 1,000 staff to a 98,000 sq ft office at the Snowhill development in central Birmingham by the end of 2009. 22-Jul-2008

HBOS is to close its business banking call centre at the Beechwood Business Park in Inverness, with the loss of 50 jobs. 22-Jul-2008

HM Revenue & Customs has confirmed plans to close 50 offices across England next winter, but hopes to avoid compulsory redundancies. 21-Jul-2008

Barclays Bank is to consider options to improve its Wimborne Road office in Poole, having dropped plans to relocate hundreds of staff to a new development on West Quay Road. 21-Jul-2008

Towergate Partnership has raised £108m to fund the acquisitions of up to 20 regional financial advisers by the end of the year. 21-Jul-2008

HBOS is planning to shed 650 of the 3,000 jobs at its business banking operations across the country over the next 18 months, and a further 350 staff will be transferred to new jobs. 17-Jul-2008

Dickinson Dees is considering plans to shed 70 of the 169 jobs in its Tyneside-based conveyancing and re-mortgaging division. 16-Jul-2008

Blackadders Solicitors is to shed up to 60 of the 240 jobs at its Dundee-based law firm. 16-Jul-2008

Principality Building Society is to shed about 26 of the 39 jobs at its Moneypilot online mortgages business in Cardiff. 15-Jul-2008

Freedom Finance is to shed 19 support services jobs at its loans broking business in Wilmslow. 15-Jul-2008

Connect Scotland has ceased trading, having failed to raise sufficient funds for its business support network. 14-Jul-2008

Akin Gump Strauss Hauer & Feld is to relocate its London-based law firm and about 57 staff from the Barbican to a 25,000 sq ft office at Bishops Square in Spitalfields in August. 10-Jul-2008

Admiral is to create a further 100 jobs at its motor insurance office in Cardiff by the end of the year. 10-Jul-2008

Insurance Australia Group is to close its Hastings and Equity Direct insurance call centres in Leicester and Manchester, with the loss of 300 jobs. 10-Jul-2008

Barclays is to shed 300 of the 430 jobs at its Firstplus home loans division in Cardiff, in order to stop making new loans to customers. 09-Jul-2008

Citi is to expand its markets and banking operation in Belfast with the creation of 145 jobs, and will occupy two of the new Gateway Office Buildings in the Titanic Quarter. 08-Jul-2008

Bond Pearce, the law firm, is to relocate 65 staff from Exeter to Plymouth by October, and aims to expand its nationwide workforce from 650 to 1,000 by 2011. 08-Jul-2008

Zurich has confirmed plans to shed 190 jobs at its two Hampshire-based general insurance offices in Whiteley and Southampton, and up to 70 jobs will be lost in Cardiff. 07-Jul-2008

Assurant Solutions is looking to recruit an unspecified number of administrative, business development and telemarketing staff at its new insurance office in York. 04-Jul-2008

Alliance & Leicester has won approval for the £20m redevelopment of the former Girobank headquarters in Bootle over the next three years, in order to improve facilities for almost 2,000 business banking and call centre staff. 02-Jul-2008

Shoosmiths is shedding 28 jobs at its Northampton-based consumer residential conveyancing business, leaving a team of about 90 staff. 01-Jul-2008

John Charcol has announced the closure of offices in Manchester, Birmingham and Guildford, as part of a reorganisation of its mortgage broking business that includes 39 redundancies and the loss of a further 30 sales staff. 01-Jul-2008

Picture Financial has transferred the operation of its consolidated loan book to Target Group of Cardiff, securing the future of 70 Newport-based jobs. 30-Jun-2008

Swinton is to create 50 new technical, administrative and customer service jobs at its internet insurance operation in Norwich. 27-Jun-2008

Admiral Insurance is to set up a new office at the Langstone Business Park in Newport, South Wales, this autumn, and the initial 90 staff should rise to about 450 over the next three years. 26-Jun-2008

AccuRead is looking to create about 100 jobs at its new debt management division, and is also preparing to relocate its 300 head office staff to a 30,000 sq ft unit at the Cobalt Business Park on North Tyneside in November. 26-Jun-2008

Daiwa SMBC, the Japanese investment bank, is planning to set up a derivatives operation with 200 staff in London and Tokyo. 25-Jun-2008

Switch Wizard, the Southampton-based price comparison website with 27 staff, has gone into liquidation through Tenon. 25-Jun-2008

Barclays Bank is creating 85 jobs at a new financial planning call centre at Doxford International in Sunderland. 25-Jun-2008

Baker Tilly is to set up a 17,000 sq ft office at the Spinningfields development in Manchester, and will relocate from Lincoln Square by the end of the year. 24-Jun-2008

Reflex Mortgage Solutions is planning to create more than 40 jobs at its call centre in Stockton over the next year. 23-Jun-2008

Credit Suisse is planning to shed 75 jobs at its investment banking and support services operations in the UK. 23-Jun-2008

HSBC is to expand its customer services call centre in Newport, South Wales, with the creation of 250 jobs. 20-Jun-2008

HBOS is to set up a 4,300 sq ft administrative office at the Teesdale Business Park in Stockton. 20-Jun-2008

Paymentshield is to close its insurance office in Edinburgh and relocate staff to sites in Southport and London, in order to integrate support functions with parent company Towergate. 20-Jun-2008

Swinton is planning to quadruple the size of its commercial insurance division over the next few years, with an increase in headcount from 200 to 400. 19-Jun-2008

HSBC has sold a 51% stake in its UK card processing operation to Global Payments of the US for £225m, with the transfer of 400 staff. 19-Jun-2008

Alan Boswell Group is to expand the Norwich-based headquarters of its insurance broking and financial advice business by setting up a new office for 50 staff in Prince of Wales Road. 17-Jun-2008

Weightmans is said to be considering plans to relocate its Liverpool-based law firm and up to 440 staff to new premises, as the lease on its existing office expires in two years. 12-Jun-2008

HM Revenue & Customs is planning to close a further 95 offices, affecting up to 12,300 jobs. 12-Jun-2008

John Charcol is expected to shed 50 of the 265 jobs in its mortgage broking business. 10-Jun-2008

Aviva is to shed up to 1,800 jobs by 2010, with the closure of 13 insurance offices in Basildon, Birmingham, Bristol, Cheadle, Dundee, Exeter, Glasgow, Ipswich, Leeds, Liverpool, Sheffield, Southampton and Worthing. 10-Jun-2008

Sellick Partnership, the Manchester-based finance recruitment firm, is planning to expand its chain of six offices to 20 over the next five years, with an increase in staff from 65 to 210. 10-Jun-2008

Harrowells is to shed 18 of the 160 jobs at its York-based firm of solicitors, due to the slowdown in the property market. 10-Jun-2008

Principality Building Society is to shed 19 of the 220 jobs at its Peter Alan estate agency business, and the Mumbles branch in Swansea will close. 09-Jun-2008

The International Baccalaureate is said to be considering plans to close its office in Cardiff, casting doubt on the future of 300 jobs. 09-Jun-2008

Peninsula is to create a further 30 jobs at its law advice call centre in Manchester. 09-Jun-2008

Standard Chartered is planning to expand its investment banking operation by increasing the 100 staff in its acquisitions and leveraged finance team by 25-30%. 09-Jun-2008

Zurich Financial Services is planning to shed between 700 and 900 of the 5,400 jobs in its general insurance operation. 09-Jun-2008

Barclays Capital is to shed almost 100 jobs at its investment banking and IT support operation in London. 09-Jun-2008

IPSL is to close its cheque processing operation in Bristol by March 2009 with the loss of 106 jobs, in order to transfer the work to its sites in Northampton and Camberley. 05-Jun-2008

Ward Hadaway, the law firm, is planning to open an office in Leeds city centre in July, including eight lawyers. 05-Jun-2008

Raleys Solicitors is considering plans to shed up to 75 of the 190 jobs at its Barnsley-based legal firm, due to a reduction in personal injury claims under the Coal Health Compensation Scheme. 04-Jun-2008

The Money Centre is to shed up to 35 of the 105 jobs at its mortgage broking business in Norwich over the next two months. 02-Jun-2008

Barclays Wealth is closing its office in Nottingham, as most of the 24 staff have defected to Brewin Dolphin. 02-Jun-2008

TSYS, the payment services firm, is to create 75 new jobs in York and 23 in Knaresborough this year. 30-May-2008

Capita is to shed about 300 jobs at its business services call centre in Glasgow, in order to outsource administration work to India. 29-May-2008

UBS has lost about 50 staff from its London-based wealth management division over recent weeks, with defections to Vestra, Credit Suisse, Merrill Lynch and NM Rothschild. 29-May-2008

Buckles is to recruit 33 graduates at its Rhyl-based financial advice business this year, increasing the workforce to about 150. 28-May-2008

First Locate is to create up to 30 jobs at a new call centre for the utilities sector in Ryedale, North Yorkshire. 26-May-2008

Norwich Union is considering plans to shed up to 400 jobs at offices in Norwich, Bristol and York, as negotiations are taking place to outsource its IT infrastructure operations. 26-May-2008

Bank of Ireland is planning to double its 30-strong workforce in Scotland over the next three years, in order to expand its business banking and mortgage operations. 23-May-2008

JP Morgan is planning to shed almost 8,000 jobs worldwide at its newly-acquired Bear Stearns banking business, which is expected to include hundreds of London-based jobs. 22-May-2008

Pinsent Masons, the law firm, is planning to expand its staff in Manchester from 162 to 400 over the next few years, and will relocate to Spinningfields in early 2009. 21-May-2008

Citigroup is to close 49 small branches and its Doxford call centre in Sunderland with the loss of up to 700 jobs, in order to stop offering loans to "near prime" customers. 20-May-2008

HSBC is to relocate its Liverpool-based retail and commercial departments from a 17,000 sq ft office on Dale Street to two new locations in Lord Street and the city centre. 19-May-2008

Lloyds TSB is to outsource up to 250 IT jobs in its technical delivery department to India. 16-May-2008

Morton Fraser is to relocate its Edinburgh-based law office to four floors of the Quartermile Two development, which is due for completion in October 2009. 15-May-2008

Bevan Brittan is to shed up to 40 jobs at its law offices in Bristol, Birmingham and London, in order to reduce duplication in support services. 14-May-2008

Picture Financial is to shed up to 85 of its 165 jobs in Newport, South Wales, in order to focus on the loan servicing side of the business. 13-May-2008

Clarke Wilmott, the law firm, is seeking a suitable location for a new 70,000 sq ft office in Birmingham city centre by 2010, in order to increase staff numbers from 100 to 300. 13-May-2008

Endsleigh is planning to close 119 insurance branches with the loss of hundreds of jobs, and plans to invest in online services and call centres in Burnley, Cheltenham and Northern Ireland. 12-May-2008

HSBC is to set up a 14,000 sq ft office at Team Valley in Gateshead, employing 90 staff in its commercial, corporate and private wealth divisions. 12-May-2008

Barclays is to close its Goldfish credit card service centre in Cumbernauld with the loss of up to 900 jobs, in order to transfer the work to Kirkby, Northampton and Teesside, and a further 90 jobs will go at the Goldfish office in London. 08-May-2008

HBOS has announced plans to shed up to 90 jobs at its Bank of Scotland corporate banking operations in Edinburgh and London. 08-May-2008

Standard Bank of South Africa is to relocate its London headquarters to a 107,000 sq ft office development at 20 Gresham Street, which Hermes Real Estate is due to complete in September. 05-May-2008

Nemo Personal Finance is to shed 70 of the 186 jobs at its secured loans business in Cardiff, but some staff could be redeployed in other parts of the Principality Building Society. 05-May-2008

Spicerhaart is expected to create up to 100 jobs at a call centre in Colchester, in order to operate an online property business in partnership with Tesco. 02-May-2008

Accenture Scotland is to shed up to 45 jobs at its Aberdeen office, which provides finance and accountancy services to BP. 01-May-2008

Merrill Lynch is considering plans to shed up to 80 of the 110 jobs at its Wave mortgage lending business in Wilmslow. 01-May-2008

Aviva is planning to drop the Norwich Union name over the next two years, in order to unify its insurance operations under the Aviva brand. 30-Apr-2008

Moneysupermarket.com is to make a decision later this year about whether to relocate its Flintshire-based price comparison business and up to 650 staff to a larger site. 30-Apr-2008

Irwin Mitchell, the law firm, is to shed 11 jobs at its conveyancing department in Sheffield. 30-Apr-2008

Royal Bank of Scotland is expected to shed about 7,000 jobs from its 28,000-strong workforce, in order to integrate ABN Amro's investment bank into its global markets business. 28-Apr-2008

The Public Prosecution Service for Northern Ireland is to open a new regional base in Londonderry in October, and the 40 staff have already been recruited. 28-Apr-2008

Brown Shipley is to open a private banking office in Birmingham city centre over the next few months, having recruited a private client team from Deutsche Tilney. 28-Apr-2008

Wragge & Co, the law firm, has agreed to set up a 250,000 sq ft office at Ballymore's Snow Hill development in Birmingham in 2011, and staff will relocate from three existing sites. 25-Apr-2008

Resolution Asset Management is to create 29 new jobs in Glasgow by the end of the year, taking the total workforce to 415. 25-Apr-2008

Barclays is planning to set up a new regional commercial banking centre at the St James Court office development in Norwich, which is due for completion in late 2009. 24-Apr-2008

The Property Shop has closed nine of its ten estate agency offices in the Norwich area with the loss of 35 jobs, but the Acle branch has been bought out of administration. 24-Apr-2008

The College of Law is planning to set up a new £5.5m training centre in Manchester city centre by next year, with the creation of about 30 jobs, while £2m will be invested at its site in Chester. 23-Apr-2008

Promise Finance has closed its Wolverhampton-based loans operation with the loss of 70 jobs, and 20 staff will be redeployed to other parts of the group. 23-Apr-2008

Citigroup has announced plans to shed a further 9,000 jobs in its global banking business, including about 300 in London. 21-Apr-2008

Merrill Lynch is to shed about 4,000 jobs in its global financial management business, including 400 jobs in London. 21-Apr-2008

Bank of New York Mellon has agreed a prelet on a 50,000 sq ft office at 3 Hardman Street in Manchester. 21-Apr-2008

Swinton is to expand its insurance sales call centre in Norwich throughout the year, starting with the recruitment of 12 sales advisers and team managers. 18-Apr-2008

CPP Group is to open a new credit card marketing services call centre in Chesterfield in July, with the creation of 300 jobs. 18-Apr-2008

Experian is to shed about 100 management jobs at its Nottingham-based credit information business, as part of a £40m-a-year cost-cutting programme. 18-Apr-2008

Fladgate, the law firm, is planning to set up a 51,400 sq ft office at the New Brook office development in London's Covent Garden. 14-Apr-2008

Fidelity International is planning to shed about 170 jobs in its fund management business over the next few weeks, with marketing and support services being hardest hit. 14-Apr-2008

Opus Mortgages, the Glasgow-based loans firm, has gone into liquidation through Invocas with the loss of 15 jobs. 11-Apr-2008

Royal Bank of Scotland is shedding about 200 jobs in its global banking and markets business this week, with most of the cuts taking place in London. 10-Apr-2008

Annuity Direct is planning to create up to 50 jobs on the Isle of Wight over the next five years, and a new financial advice office will open in Newport. 10-Apr-2008

Capital One is to shed up to 750 jobs at its Nottingham-based credit card business, in order to transfer call centre and account servicing work to India. 09-Apr-2008

Brevan Howard, the asset management firm, is said to be planning to set up a 37,700 sq ft office at 55 Baker Street in London. 07-Apr-2008

HSBC is to close its banking call centre in Livingston, but hopes to redeploy most of the 167 staff. 04-Apr-2008

The Identity & Passport Service is planning to shed about 100 jobs at the Glasgow Passport office, in order to stop the processing of postal applications later this year. 03-Apr-2008

Barclays Wealth is to open a new 8,000 sq ft wealth management office at the Chapel Street development in Liverpool next month. 03-Apr-2008

Equiniti is considering plans to outsource some of its share registration operations to India, which could affect some of the 2,000 jobs at its headquarters in West Sussex. 02-Apr-2008

UBS is planning to shed an unspecified number of jobs in its global investment banking business, prompting speculation about the future of some of its 9,000 London-based staff. 02-Apr-2008

Nomura, the Japanese bank, is planning to make London the focus of its international operations, having increased its UK headcount by 12% to 1,400 over the last year. 01-Apr-2008

ING, the Dutch bank, is said to be seeking a suitable location in London for a new 200,000 sq ft headquarters. 01-Apr-2008

Thinc is to create 50 new jobs for financial and mortgage advisers in Belfast, Londonderry, Omagh and Newry this year. 31-Mar-2008

Lancashire Rural Futures is to close with the loss of 19 jobs at offices in Clitheroe and Leyland, due to lack of funds. 27-Mar-2008

BDO Stoy Hayward is seeking a suitable location for a new 60,000 sq ft office in Manchester city centre, while law firm DWF is seeking up to 100,000 sq ft in Manchester and PwC 70,000 sq ft. 26-Mar-2008

Derbyshire Building Society is planning to cut costs with the loss of about 50 jobs from its 750 staff and the closure of "a handful" of the 53 branches. 25-Mar-2008

Northern Rock is planning to shed up to 2,000 jobs from its 6,500-strong workforce by 2011, as the nationalised bank scales back its mortgage lending business. 18-Mar-2008

Sewell Moorhouse, the Yorkshire-based financial recruitment firm, is planning to open five new offices in Hull, Manchester, Birmingham, London and Edinburgh. 17-Mar-2008

Morgan Cole has recruited a team of ten lawyers from Gloucester-based solicitors Tayntons, in order to expand its offices in Cardiff and Bristol. 14-Mar-2008

Paragon is to shed 93 of the 650 jobs at its Solihull-based mortgage lending business. 13-Mar-2008

Davies Arnold Cooper is planning to double the size of its law business in Manchester, which currently has six partners and 22 staff, over the next three years. 12-Mar-2008

Brewin Dolphin is looking to open a new office in Nottingham, following the defection of a number of investment management staff from Barclays Wealth. 12-Mar-2008

Thomas Eggar is in negotiations to set up a new corporate and commercial law office in Southampton city centre, and the initial staff of 20 could eventually reach 200. 11-Mar-2008

Henderson Insurance Brokers is to set up a new office with 12 staff in Leeds city centre next month. 10-Mar-2008

Kaupthing Singer & Friedlander is closing its offices in Leeds and Manchester, with the loss of seven jobs from its property lending team. 10-Mar-2008

Mishcon de Reya, the law firm, is in negotiations to set up a new London headquarters of at least 100,000 sq ft at 40 Holborn Viaduct. 10-Mar-2008

West Bromwich Building Society has submitted plans to develop a new call centre for 450 staff at Castle Gate in Dudley. 07-Mar-2008

HBOS is considering plans to relocate 6,000 staff from 16 sites across Edinburgh into a new office development in the Fountainbridge area. 05-Mar-2008

Eversheds, the law firm, is planning to invest more than £30m in improvements to its new London headquarters near Bank this year. 04-Mar-2008

Coutts, the private bank, has appointed GVA Saxon Law to find a suitable location in the West End of London for a new 60,000 sq ft office. 04-Mar-2008

The Department for Work & Pensions is said to be planning to shed up to 12,000 jobs and close 200 offices and jobcentres, as part of a newly-announced strategy to rely more on private firms and voluntary groups. 03-Mar-2008

Fusion is planning to create a further 400 jobs at its motor and home insurance call centre in Peterlee by 2010. 03-Mar-2008

Halliwells is to shed an unspecified number of jobs in the City of London, in order to focus on corporate recovery, property and dispute resolution, and some support jobs could also be lost in Manchester. 03-Mar-2008

Royal Bank of Canada is to set up a leveraged finance business in London through its RBC Capital Markets division, including an initial team of up to 20 staff. 03-Mar-2008

Henderson is planning to cut £20m of costs from its fund management business, including a reduction in headcount. 28-Feb-2008

Fairpoint Group is to create an unspecified number of new jobs at its Lancashire-based debt advice business, with the transfer of a training centre from its recently-acquired Clear Start division in Nottingham. 28-Feb-2008

Skipton Building Society is planning to expand its nationwide branch network from 82 to 150 by 2012. 28-Feb-2008

Alliance & Leicester is to shed up to 150 jobs from its mortgage and loan operations in Leicester and Narborough, and a further 150 jobs will go in Merseyside and Greater Manchester. 27-Feb-2008

Hughes Insurance is to open four new insurance broking branches in Coleraine, Omagh, Newry and Belfast over the next three months, taking its total network to 12. 26-Feb-2008

City Index is seeking a new 35,000 sq ft headquarters in London for its spread betting business, and is considering offices at Finsbury Circus and Gracechurch Street. 26-Feb-2008

Morton Fraser, the law firm, is in negotiations to set up a 42,500 sq ft office at the £350m Quartermile development in Edinburgh. 26-Feb-2008

Royal Bank of Scotland is to relocate its Northampton-based corporate banking relationship management services to a new office at Grange Park over the next few months. 25-Feb-2008

Mattioli Woods, the pensions consultancy, is planning to create 50 new jobs at its Grove Park office near Leicester over the next three years, having acquired additional floor space. 21-Feb-2008

Payzone, the cash machine operator, is planning to close its office in Blackpool in March with the loss of 26 jobs. 20-Feb-2008

Kohlberg Kravis Roberts, the private equity firm, is seeking a suitable location in London's West End for a new 50,000 sq ft headquarters. 19-Feb-2008

Barclaycard is to relocate its Sky Card operation and up to 250 jobs from Crawley to Milton Keynes. 18-Feb-2008

Irwin Mitchell, the law firm, is to consolidate its three Leeds offices into a new 36,000 sq ft office at Wellington Place. 18-Feb-2008

Stones Solicitors is planning to recruit 20 additional staff for its Exeter-based law firm over the next few months, due to rising demand in commercial property and personal injury claims. 14-Feb-2008

Morgan Stanley is to close its Advantage Home Loans sub-prime mortgage division in Ellesmere Port with the loss of about 160 jobs. 14-Feb-2008

Kings Legal is relocating its law firm from Cardiff to Imperial Park in Newport, with the creation of 50 jobs. 13-Feb-2008

Bank of New York is considering three building developments in central Manchester for a new 50,000 sq ft office. 12-Feb-2008

Deutsche Bank is to set up a 68,500 sq ft office for 250 back-office staff at Brindleyplace in Birmingham in June. 12-Feb-2008

The Financial Services Authority is to set up a 27,230 sq ft office at One Canada Square in London's Canary Wharf. 11-Feb-2008

Moodys Investors Service is to relocate its London headquarters to a 170,000 sq ft office at Canary Wharf. 11-Feb-2008

GE Money is to relocate the headquarters of its consumer finance business from the US to London, but the number of staff involved is unknown. 11-Feb-2008

Moorhouse Group is planning to create 85 new jobs in Caerphilly, as part of a £8m investment in the expansion of its insurance business over the next two years. 08-Feb-2008

Barclaycard is to close its credit card production operation in Northampton later this year with the loss of up to 160 jobs, in order to transfer print production to RR Donnelley in Buckinghamshire and Gloucestershire, mailing to Leicestershire and card operations to Gemalto in Hampshire. 06-Feb-2008

Vertex is to shed a further 33 jobs at its financial services call centre in Chester. 04-Feb-2008

Royal Bank of Scotland is to relocate its regional corporate banking headquarters in Newcastle upon Tyne to a larger 22,000 sq ft site at Trinity Gardens. 04-Feb-2008

Lloyds TSB is to create 150 new jobs at its telephone banking call centre in Fareham, and is also recruiting 250 staff in Bridgend and Newport, 100 in Brighton and 150 in Glasgow. 04-Feb-2008

Friends Provident is to shed 600 jobs across its life and pensions operations in Manchester, Exeter, Dorking and Salisbury by the end of 2009, and will also consider outsourcing and the sale of F&C Asset Management. 01-Feb-2008

Intelligent Processing Solutions (IPSL) is to create 200 new jobs at its cheque processing business in Northampton, to add to the existing 1,500. 30-Jan-2008

Lehman Brothers, the investment bank, is to shed about 12 jobs at its real estate department in London, as part of a reduction in its global workforce. 29-Jan-2008

Locate In Birmingham is in negotiations with two unnamed international banks that are planning to open headquarters in Birmingham city centre, which could create up to 5,000 jobs. 29-Jan-2008

Barclays is to proceed with plans to build a new 100,000 sq ft regional headquarters for 850 staff at Asda's Dalgety Mills site in Poole by 2010. 29-Jan-2008

Kelly & Co is to relocate its Leeds-based property legal services business to a five-storey building at 49 St Paul's Street over the next few months. 28-Jan-2008

Bank of America is closing its commodities and energy trading desk in London, as part of a plan to shed 650 corporate and investment banking jobs worldwide. 28-Jan-2008

DWF, the law firm, is to relocate its Leeds office to a 32,000 sq ft unit at Bridgewater Place, and aims to increase the staff from 80 to 160. 25-Jan-2008

Citigroup is to shed about 400 jobs at its London-based investment banking business, and a further 3,800 jobs will be lost in the US and Asia. 24-Jan-2008

Freeth Cartwright, the law firm, is to relocate its Leicester office and 50 staff to the new Colton Square complex in March. 23-Jan-2008

Capita is to shed 41 jobs at its life and pensions business support operation in Belfast. 23-Jan-2008

Deutsche Bank is to shed about 300 jobs in its global markets division, which could affect up to 120 UK-based jobs. 22-Jan-2008

Lloyds TSB is planning to shed up to 280 of the 900 jobs in its human resources department by the end of the year. 21-Jan-2008

Experian is to shed up to 200 jobs at its Nottingham-based credit information business, in order to transfer some IT work to Perot Systems in India. 17-Jan-2008

Marsh is to outsource its insurance broking support and processing services to Capita Group, with the transfer of up to 650 Norwich-based staff. 14-Jan-2008

John Charcol, the London-based mortgage broker with eight offices nationwide, is expected to be put up for sale with a price tag of about £50m. 10-Jan-2008

Financial Services Data Management is creating 200 jobs at a new call centre in Swansea. 09-Jan-2008

Contact4 has closed its loans and mortgages call centre in Campbeltown with the loss of 24 jobs. 09-Jan-2008





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