Restructuring events
European Restructuring Monitor (ERM)
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.
Challenger bank Cashplus has announced plans to create 400 jobs, thereby doubling its current workforce. The jobs will be mainly based in the company's head office near London Bridge and in its contact centre in Liverpool. The bank started up ten years ago and now has 1.3 million UK customers including 100,000 small businesses. The company has said that it expects the new jobs to be added over period of about five years and to be concluded by 2022, though recruitment for the new positions is already underway.
Eurofound (2018), Cashplus, Business expansion in United Kingdom, factsheet number 93789, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/93789.