National Savings and Investments

(asked on 21st July 2014) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, how many people are employed by National Savings and Investments in (a) the UK, (b) Scotland and (c) each Scottish parliamentary constituency.


Answered by
Andrea Leadsom Portrait
Andrea Leadsom
Parliamentary Under-Secretary (Department of Health and Social Care)
This question was answered on 9th September 2014

National Savings & Investments employ 165 people, of whom 8 work in Scotland. National Savings and Investment’s (NS&I) operational services are provided by Atos, with 1,528 FTE (Full Time Equivalent) people employed across the UK as of 13th August. Of these, 1,074 FTE are permanent staff, 430 FTE are agency staff (varied on demand) and 24 FTE are IT contractors from SOPRA. At present NS&I and Atos work at one office in Scotland at Cowglen (Constituency: Glasgow South) but will be moving to two new offices: Capella (Constituency: Glasgow Central) & Orbital (Constituencies: East Kilbride, Strathaven & Lesmahagow) in the near future.

The building at Cowglen is much larger than the current headcount of staff requires according to Government space standards. Our two new sites will provide for the anticipated future needs of NS&I operations in Glasgow.

With the introduction of the ‘Savings bonds for the 65s and over’ in January 2015 there will be a temporary increase in the number of staff to handle peak demand. Exact numbers are yet to be finalised and are still under discussion but some of these will be based in Glasgow Capella & Orbital.

The headcount and geographical breakdown as of 13 August 2014 is as follows:

Scotland, by constituency

Staff (all numbers Full Time Equivalent)

UK

Cowglen (Glasgow South) current

Capella (Glasgow Central) near future

Orbital (East Kilbride, Strathaven & Lesmahagow) near future

NS&I

165

8

8

0

Atos

1074 permanent

471 permanent

340 permanent

131 permanent

430

agency

188

agency

168

agency

21

agency

24

contractors (SOPRA)

Reticulating Splines