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Tesco to recruit 800 staff for new finance centre

Tesco has announced its plan to create over 800 jobs in Scotland to support its new customer service finance centre.

The new customer service centre, which has received a £5m grant from the Scottish Government, will be based in central Glasgow and will manage customer sales and service for Tesco Personal Finance.

Tesco Personal Finance chief executive and former HBOS chief executive of retail banking Benny Higgins says: “We are delighted to announce the establishment of a key customer service centre in Glasgow and our focus will be on serving customers well.”

The operations centre is due to open in the first half of 2010 and will migrate its existing customers before the end of 2011.

The move has been backed by the Government. The Chancellor Alistair Darling says: “This is a strong vote of confidence in Scotland’s financial services industry from one of the UK’s leading companies. And it shows that even at this difficult time, the Scottish and wider UK economy is still creating high quality jobs.”


Changes to early exit pension charges

In November last year, the FCA announced that from 31 March 2017, early exit pension charges will be capped at 1% for those customers who are eligible to access their retirement savings from age of 55. The rules also state that for new personal pension plans started after that date, or on new increments into […]


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There are 2 comments at the moment, we would love to hear your opinion too.

  1. Paul Spencer London Mortgage Centre Ltd 20th August 2009 at 6:50 pm

    Tesco…….fire away!!!
    I think most of my clients would prefer the honesty and personal service of a knowledgable local broker to arrange and faciilitate transactions for them. Tesco will of course succeed to the masses,but I think have a minimal effect on a good brokers state of play.

  2. who with any sense would want to place a mortgage with a high St retailer i feel the vast majority of sensible people would still need and want the help a Broker can give ,in products and protection for them .OR am i wrong (I Hope)

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