Co-operative Insurance Society is to close 106 branches with the loss of about 900 jobs as part of a restructuring that will eventually see some 2,500 employees dropped, reports The Daily Telegraph
Administration work from all 106 branches will be switched to a central office in Manchester, the paper adds. The TGWU says it will fight against compulsory redundancies hitting staff, although CIS says it will “make every effort to minimise the need for redundancies”. A TASTE OF HIS OWN medicine hit Gordon Brown today after the president of the Swiss Banking Federation Pierre Mirabaud blamed English trust law for allowing money laundering and “a world full of dark corners” in the City, The Times Brown yesterday accused EU member states of favouring domestic bidders for government t...
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