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Story summary
- Admiral Group will cut about 500 roles in its UK insurance business.
- The cuts equal roughly 5% of the division’s nearly 10,000-person workforce.
- Redundancies are part of a £100 million cost-saving programme announced with 2025 results.
- Admiral began a 45-day collective consultation with the affected staff.
- Enhanced redundancy payments, redeployment options, up to £10,000 for start-ups and £5,000 for training are offered.