Capita to put London workers on notice

Capita Financial Group (CFG) is set to begin redundancy consultations with its London staff ahead of a move to Leeds.

The firm says it will enter into the consultation process because of the large number of roles affected at the London branch. As a result of the company's strategic plans to reorganise the business, which will see its primary base move to Leeds with support from existing CFG operations in India, large-scale redundancies in London are likely. In addition, Capita's director of insurance and investor services, Robert Coyle, is stepping down after nine years with the firm. He will be replaced by Vic Gysin, who has led Capita's integrated services division over the past year and has pre...