Ardonagh closes 24 Swinton branches

Closed sign

Ardonagh Group is set to close 24 Swinton branches according to its results for Q1 2019.

An investor presentation revealed that £6m has been spent on Swinton to close 24 of the remaining branches and accelerate integration - the changes left Swinton with just 20 branches open as of the end of March this year.

The document also showed that 30% of a planned £35m FY19 transformation investment had been completed, and £5.0m cost savings delivered.

Plan
A spokesperson commented: ““These changes

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