July

Union in emergency talks - Retail union Usdaw held emergency talks with its members at CIS after th...

Union in emergency talks

- Retail union Usdaw held emergency talks with its members at CIS after the Manchester-based company's decision to re-employ 2,164 financial advisers. The advisers were informed by letter that they were to be dismissed, but offered new jobs with CIS under different terms and conditions designed to turn around the company's trading position, the union said.

- Long-hours culture continues

- Despite calls to end the UK's long-hours culture many managers in the insurance sector

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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