However bank refuses to confirm speculation

The bank active in lending UK brokers cash for expansion, Macquarie, is slashing jobs in Australia, a leading union has claimed.

The Finance Sector Union of Australia claims the bank is to make up to 700 job cuts. However Macquarie refused to confirm.

A Macquarie spokeswoman said the company had no comment on the union’s projections. All units look at their staff levels ‘constantly.’

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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