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Tesco to create 1,000 bank jobs Tesco to create 1,000 bank jobs
(about 1 hour later)
Tesco Bank is to create 1,000 jobs in Newcastle with the opening of a new customer service centre.Tesco Bank is to create 1,000 jobs in Newcastle with the opening of a new customer service centre.
The firm, the UK's largest supermarket bank, is aiming to fill the first 500 positions by the end of next year.The firm, the UK's largest supermarket bank, is aiming to fill the first 500 positions by the end of next year.
It will be based at the Quorum Business Park and will manage customer sales and service for the bank's home and motor insurance customers.It will be based at the Quorum Business Park and will manage customer sales and service for the bank's home and motor insurance customers.
A £2m grant was provided by regional development agency One North East to attract the firm to the city.A £2m grant was provided by regional development agency One North East to attract the firm to the city.
Benny Higgins, chief executive of Tesco Bank, said: "Newcastle is the ideal home for our new insurance customer service centre.Benny Higgins, chief executive of Tesco Bank, said: "Newcastle is the ideal home for our new insurance customer service centre.
"The North East of England has strong experience in customer services and the financial sector, with a well qualified and enthusiastic workforce."The North East of England has strong experience in customer services and the financial sector, with a well qualified and enthusiastic workforce.
"The city is a great fit for our business and as it develops we will be investing even more in the region over the coming years.""The city is a great fit for our business and as it develops we will be investing even more in the region over the coming years."
The remaining 500 jobs are to be created within the next five years. The remaining 500 jobs are to be created at the Longbenton site within the next five years.