UPDATE 2-Direct Line to axe 2,000 jobs in sluggish insurance market


* Cutbacks to save co 130 mln stg annually by 2014 * Co to record 150 million pounds in restructuring costs in 2013, 2014 * Shares rise as much as 6 pct By Richa Naidu June 26 (Reuters) - Britain's Direct Line Insurance Group Plc, the motor insurer spun out of Royal Bank of Scotland, said it plans to axe about 2,000 positions, joining fellow insurers looking to trim costs and boost profits in a sluggish and competitive market. ...


To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!

Already registered? here.

Mar 8, 2018

Toyota Camry Hybrid 2.5L Atkinson 4-Cyl. – 2018 Award Acceptance

Masashi Hakariya, project manager-engine development at Toyota, accepts award for Toyota Camry Hybrid at 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×