Swift staff in talks over job losses

The firm, which provides non-conforming secured loans, employs almost 140 people but says it hopes keep redundancies down to just 25 staff. Chief executive John Webster is reported as saying its level of business is not sustainable in the current economic climate and staff numbers in the sales, marketing and new business processing departments will need to be cut. He says the firm will offer 20 alternative positions in other parts of the business to try and keep job losses down. If you would like to comment on this story, contact: John Bakie Tel: 020 7484 9805 e-mail: John.Bakie@incisiv...