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attacks on working class

Norwich Union Job losses

It was recently announced that the UK's largest insurer Norwich Union (a member of the Aviva Group) is to offshore and centralise it operations, causing 2,500 job losses.

Norwich Union is just one of a number of companies making these changes - others include BT, British Airways and the HSBC bank. Abbey (formally Abbey National) has also announced a further 400 job losses in the UK. It has been predicted that up to 2 million financial sector jobs will be exported form the UK over the next 5 years.


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