Rivals set to take advantage of Swinton’s downsizing plans

Christophe Bardet

High-street broking rivals are preparing to swoop following Swinton’s decision to significantly cut back on its branch network, amid a combination of market pressures and a regulatory-enforced overhaul of its sales process.

Swinton announced in July it had already begun planning to scythe its total number of branches from just over 500 to 475 by the end of this year, as part of a £60m business revamp. However, last week

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