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.
Financial Services Financial And Insurance Activities Financial Service Activities, Except Insurance And Pension Funding 64.19 - Other monetary intermediation
300 jobs Number of planned job creations
Announcement Date
11 December 2013
Employment effect (start)
Foreseen end date
Description
Tesco Bank, the banking department of supermarket chain Tesco, is to create 300 new jobs in Edinburgh and Glasgow. The new jobs will be mainly created in customer service.
The measure is following the launch of the company's new current account in 2014. As of 16 December 2013, no specific timeline has been given for the job creation.
In mid-2013, parent company Tesco had announced the creation of 300 jobs in Sunderland.
Sources
11 December 2013: The Courier
Citation
Eurofound (2013), Tesco Bank, Business expansion in United Kingdom, factsheet number 76334, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/76334.
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