UK in the firing line as Axa seeks Euros 1.5bn cost savings in 'mature markets' - updated

Henri de Castries

The UK is likely to be among the areas where Axa will seek cuts as part of a four year plan it will outline today at an investors meeting.

The group has admitted that it is seeking Euro 1.5bn pre-tax cost savings in 'mature markets' by 2015, of which two thirds is set to come from the property and casualty side of the business.

Among the

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