EMCC European Monitoring Centre on Change

Cabot Financial

Company/Organisation:
Cabot Financial

Geographic Location

Country: United Kingdom
Region: Bradford; West Yorkshire; Yorkshire and the Humber

Company

Sector: Financial services
Financial and insurance activities
66 - Activities auxiliary to financial services and insurance activities

Employment Effects

Announcement Date: 12-06-2004
Type of Restructuring: Business expansion
Planned Job Creation: 250

Additional Information

A leading Kent-based finance firm Cabot Financial, has opted to open a new call centre in Bradford after examining options in India. Cabot Financial, a market leader in the debt purchase business, has chosen the Listerhills Science Park for the new development. As the India Times article comments ‘the new call centre in Bradford is expected to create up to 250 new jobs, sending cheer among workers who had become inured to regular news of job losses to India. The announcement was hailed as proof that Bradford remained an attractive location for the call centre business amid fears that some firms could choose to relocate overseas.’