New business helps insurance firm return to profit
A sharp rise in new business has helped Yate-based insurance and company benefits group Jelf defy the downturn in the financial services market and return to profit.
A sharp rise in new business has helped Yate-based insurance and company benefits group Jelf defy the downturn in the financial services market and return to profit.
Staff at Axa Life’s Bristol offices are fearing for their jobs, after it was announced that 350 posts nationwide would go in an attempt to save up to £150m. In a statement today, Nicolas Moreau, group chief executive of Axa UK, said the company would have to make “difficult” decisions in relation to employee headcount, but the business would emerge from the recession leaner and stronger.
Bristol West MP Stephen Williams has renewed calls to open a rail link between Portishead and Bristol, following the announcement that 500 insurance jobs are to leave Clevedon for the city centre.
