500 signatures reached
To: THE LEGAL & GENERAL BOARD
Legal & General - Save the Kingswood Office
Legal and General should stop the closure of the Kingswood office by exploring all options to keep the site open and save the 1550 jobs at risk.
Why is this important?
Over 1,550 jobs at Kingswood will be lost if Legal & General goes ahead with plans to close the flagship site in Kingswood, Surrey. Closure will have a devastating impact on the local community, costing millions.
Many Legal & General workers in Kingswood are members of the trade union Unite, which has supported their campaign to defend jobs since the company first announced their intentions in 2015.
The firm plan to close the site by the middle of 2018, citing cost cutting measures. This is despite L&G increasing operating profits in 2015 by 18% to £750 million.
Shockingly Legal & General have neglected to carry out any research into the impact of closing Kingswood on the local community. An independent assessment commissioned by Unite has revealed that the closure will rip a devastating £21 million black hole in the local economy.
This will be devastating for the local economy, threatening jobs in businesses and services in Kingswood and across the county. This flies in the face of Legal & General’s stated commitment to the long-term wellbeing of local communities.
(Source: CLES Consulting, Centre for Local Economic Strategies, 2016)
