Lloyds TSB to Move More Than 1,000 UK Jobs to Asia
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Lloyds TSB Group Plc, the UK&#39;s No. 5 bank by assets, plans to move at least another 1,000 employees from Britain to Asia, where labor costs are lower.
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Britainâs leading insurance firm Royal and Sun Alliance today announced it would shift 1,100 of its jobs to India, saving the company 18 million dollars annually.
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AVIVA, owner of Norwich Union and Britainâs largest insurer, plans to make around 150 people in the UK redundant next year as it increases its offshoring capacity by creating 950 jobs in India and Sri Lanka.
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Government figures for the number of foreign nationals working in the UK since 1997 have increased from 800,000 to 1.1 million.
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IBM has signed a seven-year, $969.2  million contract with British bank Lloyds TSB to supply it with  Internet telephony and data services, IBM said on Monday.
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The U.K.-based TT Club, a leading transport insurance mutual, announced that it is assigning more resources to expand its presence in the continental European market, particularly in Germany, Scandinavia and ...
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IBM is celebrating a seven-year contract to provide voice and data solutions to Lloyds TSB, as part of the largest European IT deal of its kind, worth an estimated Â£500m.
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Banking giant HSBC is moving to expand its presence in Asia through the acquisition of Korea First Bank. It has also been reported that Standard Chartered is competing with its
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Britainâs biggest insurance company sparked a fresh row today over work being lost to India when it unveiled plans to create almost 1,000 jobs in Asia.
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Lloyds TSB has tapped IBM as the key provider for its massive new VoIP infrastructure project. The new project will make Lloyds TSB the owners of one of the largest converged voice and data networks in Europe
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Clothing group Peacocks announces it will create 1,300 jobs - 150 of them in Wales - after a rise in profits.
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Aviva PLC, Britain&#39;s biggest insurance company, said Wednesday it will create about 950 offshore jobs in India and Sri Lanka next year to service its UK operations.
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Britain&#39;s largest insurer Aviva says it plans to have moved up to 7,000 UK jobs to low-cost centres in Asia by the end of 2007, the final figure in its controversial programme to shift jobs offshore.
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NEWS International is to move printing operations from Wapping to Liverpool and Glasgow as part of plans to invest more than Â£600 million in new plants.
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LONDON, October 11  - Royal &amp; Sun Alliance (SUA1.ETR) plans to shift more than 1,100 UK-based jobs, or about 10% of its total workforce in the UK, to India over the next two years.
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BIRMINGHAM, England : British companies are under increasing pressure to relocate parts of their business overseas to remain competitive, with Asia and Eastern Europe the chosen destinations, a survey showed.
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Lloyds TSB, the UK's fifth biggest bank, is closing its call centre in Mumbai - but more back office work is being outsourced to India