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Realistbear

Building Society Spin To Counter 2000 Job Loss At Abbey

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http://www.expressandstar.com/artman/publi...ticle_86637.php

Booming
West Bromwich Building Society is creating an extra 100 jobs in the Black Country over the next year, its boss has revealed.
Chief executive Andrew Messenger said the
soaraway success
of the West Brom meant the firm was creating more than 30 jobs immediately and would be recruiting more over the next 12 months.
Nearly all will work in the mortgage department, dealing with customers and handling mortgage application paperwork.
It comes during another year of seemingly
unstoppable success
at the West Bromwich-based building society. In the six months to September the business lent £1 billion to its customers and made £20.9 million profit.

Could they have been spooked by the Abbey's offloading of 2000 employees? Funny the "booming success" is in the Black Country as the Midlands is one of the hardest hit areas in the country for slowing house prices. Maybe its Mewing and taking advantage of old people with reverse mortgages?

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Maybe the jobs are being created in debt collection, locksmithery, debt advice ......

To be fair, maybe they are doing the right stuff by their customers, hence taking business from others.

btp

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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