Royal Sun Alliance (RSA), one of the UK’s largest insurers, has confirmed plans to shed 1,200 jobs in the UK by mid-2010. The job losses comes in spite of the insurer announcing a 13% increase in pre-tax profits of £759 million for the full 2008 year. RSA, who has raised its dividend by 10%, said it expects [...]

More: Royal & Sun Alliance and Standard Life announce job losses