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Evening Standard
Evening Standard
Business
Holly Williams

Direct Line to axe 550 jobs under cost-cutting plan

Direct Line Adam Winslow
Insurer Direct Line Group has announced lower-than-expected half-year profits (Alamy/PA) -

Direct Line Group has revealed plans to axe around 550 jobs as it looks to cut costs amid a turnaround at the insurer.

The group said it is consulting on the cuts as it seeks to save £50 million in 2025, although it stressed some of the role reductions will include vacancies no longer being filled.

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