The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Yorkshire and The Humber; West Yorkshire; Wakefield
Location of affected unit(s)
Wakefield
Sector
(77 - 82) Adminstrative / Support Services 82 - Office administrative, office support and other business support activities 82.2 - Activities of call centres 82.2 - Activities of call centres
100 jobs Number of planned job creations
Announcement Date
20 August 2014
Employment effect (start)
20 August 2014
Foreseen end date
Description
Insurance company Union Insurance has announced plans to create 100 new jobs. The company specialises in providing insurance policies for trade union members. A new call centre has been created at Wakefield 41 Business Park, meaning that for the first time the company will operate outside of London. Rising costs in the capital was the main reason for expanding the business at a new site with Wakefield emerging as the 'clear winner' according to the firm's managing director.
The Local Enterprise Partnership for the area, Leeds City Region, is supporting the new site with a grant of £100,000 from its Business Growth Programme. The total investment in the new site is £1.4 million. Recruitment for the new positions has already started but it is not known when all the vacancies are expected to be filled.
Sources
20 August 2014: Yorkshire Post
Citation
Eurofound (2014), Union Insurance, Business expansion in United Kingdom, factsheet number 77470, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/77470.
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