Tesco Bank

Type
Business expansion
Country
United Kingdom
Region
Scotland;
Location of affected unit(s)
Edinburgh, Glasgow
Sector
Financial / Insurance/ Estate
64 - Financial service activities, except insurance and pension funding
64.1 - Monetary intermediation
64.19 - Other monetary intermediation
300 jobs
Number of planned job creations
Job creation
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://apps.eurofound.europa.eu/restructuring-events/detail/76334.