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 - Financial service activities, except insurance and pension funding
500 jobs Number of planned job creations
Announcement Date
19 January 2017
Employment effect (start)
Foreseen end date
31 December 2017
Description
Metro Bank has announced plans to create 500 new jobs as part of an expansion plan to extend its branch network. The relatively new business, which first opened on the high street six years ago, is looking to create customer facing roles as well as positions in its head office and in its online operations. The new jobs will bring the headcount to over 3,000 employees. Currently the bank operates 48 branches across London and the South East, with 12 more branches set to open imminently, including in Peterborough, Oxford and Canterbury. It is understood that these new roles will be filled throughout 2017.
Sources
19 January 2017: Sky news
20 January 2017: Insider Media
Citation
Eurofound (2017), Metro Bank, Business expansion in United Kingdom, factsheet number 89811, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/89811.
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