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The Guardian - UK
The Guardian - UK
Business
Jack Simpson

Direct Line to axe about 550 jobs as part of £50m cost-cutting drive

Direct Line website
Direct Line had 3.05 million policyholders with its own-brand car insurance at the end of September. Photograph: M4OS Photos/Alamy

Direct Line is to axe about 550 jobs as part of a cost-cutting drive at the insurance company.

The Kent-based company said that it was consulting on the jobs, which would represent about 6% of its total 9,000-person workforce, as part of drive to save £50m next year.

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