max temp: 13°C

min temp: 12°C

ESTD 1874 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

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


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


    Sunday, December 2, 2012

The Haven Power team who play in the Suffolk FA Monday night Football league

Business electricity supplier Haven Power is once again sponsoring the Suffolk Football Association (FA) Monday Night Football League in Ipswich.

Suffolk Yacht Harbour is celebrating the launch of its new workshop

An independent marina on the River Orwell is celebrating a major expansion.

Peter Osborne, General Manager, Brudenell Hotel, Aldeburgh.

A privately-owned hotel on Aldeburgh seafront is celebrating after it was awarded a coveted AA Silver Star Award for 2015.

Delegates from the ABP Marine Conference at ABP, Old Custom House, Port of Ipswich.

Some of best marine minds in the country were in Ipswich this week as harbour masters, dock masters and marine managers gathered for an annual conference.

DFS is celebrating record results.

Sofa chain DFS Furniture has hailed a record set of results as Britain’s buoyant housing market and growing consumer confidence boosted sales.

The Bank of England Monetary Policy Committee is expected to keep interest rates at 0.5%.

The Bank of England is expected to keep interest rates on hold today amid mounting concern over a slowdown in the economy.

Owner and head chef of Sweet P's, Pierre Rollins.

Soul food restaurant Sweet P’s is due to reopen next week after a devastating kitchen fire six months ago.

The new board members at employee-owned social enterprise Leadiing Lives who were elected at its AGM.

More than 50 jobs have been saved in Suffolk and north-west Essex following the closure of care support charity Crossroads Care East Anglia.

The Great House in Lavenham has been awarded three rossetts from the AA. Left to right, Martine and Regis Crepy, Enrique Bilbault, Swann Auffray, David Castro, Guillavme Dericq.

An award-winning Suffolk restaurant has officially been recognised as one of the best in the country.

George Bradley of Suffolk Secrets.

The belated arrival of settled weather in mid-September has helped to deliver an “Indian Summer” boost for Suffolk Secrets, one of the county’s leading holiday lets businesses.

Most read

Most commented

Topic pages