Direct Line Insurance has said that it is planning to cut 2,000 UK jobs as it steps up plans to reduce costs. The firm announced in August 2012 plans to reduce gross annual costs by £100m a year, but now plans to save more than double this target. Continue reading
Insurance group Direct Line is to cut a further 236 jobs as part of efforts to save £100million in costs. It said the roles would be cut across divisions including its commercial underwriting operation and risk and compliance function. The latest jobs cull comes on top of redundancies already announced by the group this year, … Continue reading
Insurance company Direct Line Group, which is being demerged by parent company RBS, has said it will shed 900 jobs in a bid to save costs. Direct Line has launched a series of initiatives to target £100m of gross annual cost savings by the end of 2014. That includes the closure of a site in … Continue reading