Lloyds

Type
Business expansion
Country
United Kingdom
Region
Wales; South East Wales; Monmouthshire and Newport
Location of affected unit(s)
Newport
Sector
Financial / Insurance/ Estate
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
65 - Insurance, reinsurance and pension funding, except compulsory social security
200 jobs
Number of planned job creations
Job creation
Announcement Date
28 February 2005
Employment effect (start)
Foreseen end date

Description

Lloyds TSB Insurance is creating almost 200 jobs in Newport, south Wales. The customer service positions at the firm will bring the total number of staff at the firm's Tredegar Park base to nearly 900. David Stoddard, head of customer service, said the firm was seeking to become one of the leading insurers in Europe.

Sources

  • 28 February 2005: BBC News

Citation

Eurofound (2005), Lloyds, Business expansion in United Kingdom, factsheet number 61204, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61204.