Rain

Rain

max temp: 11°C

min temp: 6°C

Search

Ipswich: ‘Minimal’ impact expected at Churchill Insurance office as Direct Line Group axes another 236 jobs

14:39 29 November 2012

Churchill the dog, as seen in one of the insurance company's TV adverts

Churchill the dog, as seen in one of the insurance company's TV adverts

Archant

INSURANCE giant Direct Line Group today revealed plans to axe another 236 jobs as it steps up its drive to slash costs by £100million a year.

The latest cuts are in addition to nearly 1,000 job losses already announced by the group this year, involving nearly 900 customer services staff and around 70 senior management roles.

Direct Line, which also owns brands such as Churchill, Privilege and Green Flag, said the roles affected by the latest announcement would be spread across its division, including commercial underwriting and the risk and compliance function.

However, the group said it was also hoping to create a number of new roles under the reorganisation and would help the staff whose roles were affected to find work elsewhere in the business, as well as with other employers.

The group employs around 14,000 UK staff in total, with its Churchill operation including an office in Princes Street in Ipswich.

A spokeswoman for Direct Line Group said that the impact of the latest changes on individual locations was yet to be determined, with the outcome being subject to consultation now in progress, but the effect in Ipswich would be “very, very minimal”.

Group chief executive Paul Geddes said the job cuts were “essential to ensure we are as efficient and competitive as possible”.

“As always, I have not made these proposed changes lightly and understand the impact they will have on our people, and we will do all we can to support those affected,” he added.

The drive for savings comes as Direct Line Group begins life as a stand-alone business following its demerger last month from Royal Bank of Scotland.

1 comment

  • Yet another financial institution sacrifices jobs on the altar of shareholder dividends.

    Report this comment

    skrich

    Sunday, December 2, 2012

The RSPCA are appealing for animal lovers to come forward and adopt some of the cute creatures they are looking to rehome.

Detectives investigating a double murder in Ipswich have until tomorrow morning to question a teenage boy in connection with the incident.

Strong leadership, major improvements to teaching and creating a “happy and caring” environment are key reasons why an Ipswich primary school has been rated ‘good’ by Ofsted.

Commuters heading to London are used to full trains on the morning and evening peaks – and having to pay a full fare for travelling on them.

Two significant new developments are likely to get the go-ahead from Ipswich Borough Council’s planning committee next week.

The A120 could join the A12 at Rivenhall or Kelvedon instead of Marks Tey as potential routes for the new dualled road are revealed.

A woman in her 70s has died after a two-car crash on the B1106 in Elveden, near Thetford this afternoon.

Suffolk’s arachnid recorder said he would be “very surprised” if claims of a deadly spider infestation in the county were accurate.

If you are still struggling for Christmas gift ideas for your children, nieces and nephews, this could help you out. Here we list the must-have toys that will be under Christmas trees in Ipswich, Bury St Edmunds and Woodbridge this year.

Most read

Most commented

HOT JOBS

Show Job Lists

Topic pages

Streetlife

Newsletter Sign Up

MyDate24 MyPhotos24