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Jobs at risk at travel insurance firm in Plymouth

There are job fears at Moneycentre in Plymouth Credit: ITV News

Workers at Plymouth's Moneycentre have been warned their jobs could be at risk. It is thought up to 420 posts could be affected.

Staff at the travel insurance company have been told redundancies may be necessary because of current trading conditions. Its parent company says the firm is exploring a number of ways to reduce costs.

South West employment high despite 6,000 losing jobs

Employment remains high in the South West, despite 6,000 people losing their jobs between June and August this year.

Total unemployed in the South West
Employment high in the South West Credit: Philip Toscano/PA Wire

There’s good news in the South West where there are over 2.7 million people in work, with an employment rate of 76.8% - one of the highest rates for any UK region.

But there’s more to do, particularly when it comes to supporting young people into employment. We want to build a solid base for the future, that’s why today I have announced the roll out of our Jobcentre Plus Support for Schools scheme in England which will give tens of thousands of young people help in taking their first steps into the world of work.

– Damian Hinds, Employment Minister
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