City news: Shell, Severn Trent, Barratt Development and Morrisons

City news: Shell, Severn Trent, Barratt Development and Morrisons
 

It is closing its finance operations office in Glasgow, with 380 facing “involuntary severance” as their work is shifted over the next 15 months to centres including Manila, Kuala Lumpur and Krakow.
Shell said: “This is to reduce cost, and reflects the fact that the capability of our other centres has evolved to be able to handle the activities currently performed in Glasgow, but at a significantly lower cost.”
WATER giant Severn Trent is splashing out £78.5million to acquire rival Dee Valley.
Blue chip company Severn, which provides services to 4.3 million homes and businesses in the... read more

 
16 November 2016 in Business, Views: 68
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