Insurance firm creates 200 jobs

Lloyds TSB Insurance is based in Newport

An insurance firm is creating almost 200 jobs in Newport, south Wales.

The customer service positions at Lloyds TSB Insurance will bring the total number of staff at the firm's Tredegar Park base to nearly 900.

Recruitment is set to take place over the next four months, for roles including claims administrators and team leaders.

Newport Councillor Ken Critchley described it as "excellent news".

David Stoddard, head of customer service at the firm, said the firm, based in Tredegar Park, was seeking to become one of the leading insurers in Europe.

Steve Pantak, from the finance sector trade union UNIFI, added: "It's good to see the company reaffirm its commitment to the local south Wales economy," he said.