40 jobs to go as build­ing so­ci­ety closes branches across re­gion

The Peterborough Evening Telegraph - - NEWS - By Joel Lamy joel.lamy@jpress.co.uk Twit­ter: @PTJoelLamy 01733 588728

More than 40 jobs are to be lost by the clo­sure of sev­eral Nor­wich and Peter­bor­ough Build­ing So­ci­ety branches.

The branch clo­sures have be­gun nine months af­ter it was re­vealed that the fa­mous N&P brand was be­ing axed by its own­ers.

In to­tal 42 re­dun­dan­cies are be­ing made by the York­shire Build­ing So­ci­ety which said it had worked very hard to keep job losses to a min­i­mum.

The branches in Wer­ring­ton and Whit­tle­sey are to close on Fri­day, Novem­ber 10, along­side branches from March and Hunt­ing­don.

Branches in Spald­ing and Stam­ford closed last Fri­day, while branches in Bourne, Mar­ket Deep­ing and Oun­dle shut on Fri­day, De­cem­ber 1.

How­ever, the Not­ting­ham Build­ing So­ci­ety will take on the run­ning of the branches in Hunt­ing­don, Bourne, Spald­ing and Stam­ford.

A spokesper­son for York­shire Build­ing So­ci­ety said: “We are work­ing very hard to keep re­dun­dan­cies to a min­i­mum, through re­de­ploy­ment and work­ing with other fi­nan­cial ser­vices providers, in­clud­ing Not­ting­ham Build­ing So­ci­ety, to find roles for col­leagues out­side the so­ci­ety.

“All col­leagues at risk of re­dun­dancy will re­ceive spe­cial­ist in­ter­nal and ex­ter­nal sup­port to help them tran­si­tion into dif­fer­ent roles within the group or ex­ter­nally, in­clud­ing prac­ti­cal help like writ­ing CVs and cover let­ters as well as ac­cess to in­ter­view sim­u­la­tors.

“All at-risk col­leagues have also been of­fered time off work to at­tend job in­ter­views.”

The York­shire Build­ing So­ci­ety merged with the Nor­wich and Peter­bor­ough in 2011.

When the po­ten­tial re­dun­dan­cies were re­vealed in Jan­uary it was an­nounced that eight branches, in­clud­ing the one in Cathe­dral Square in Peter­bor­ough, would re­main open.

Aside from tak­ing on some of the clos­ing branches, the Not­ting­ham Build­ing So­ci­ety is also hop­ing to ex­pand its branches into the Peter­bor­ough area in the fu­ture.

Chief ex­ec­u­tive David Mar­low said: “Ex­pand­ing our branch net­work and widen­ing our of­fer­ing be­yond that of a tra­di­tional build­ing so­ci­ety is key to our suc­cess and growth.”

The Nor­wich and Peter­bor­ough Build­ing So­ci­ety in Peter­bor­ough

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