400 new jobs at debt buying firm

Up to 400 new jobs are expected to be created at the Scottish arm of a US consumer debt buying company.

Loading Comments
First Minister Alex Salmond announced the investment.

Portfolio Recovery Associates UK (PRA) anticipates the new jobs at its Kilmarnock offices as part of a £1.2 million taxpayer-funded package.

Growth is expected in extra call centre jobs and other roles, according to chief executive Steve Fredrickson.

Among its services, PRA tries to recover unpaid bills from consumers who may have fallen behind.

First Minister Alex Salmond announced the investment during an official visit to the US as part of the annual Scotland Week.

"PRA UK is a well-known employer in Kilmarnock and the announcement of hundreds of new jobs is fantastic news for the area," he said.

"Last month, the Scottish Cabinet met in Ayrshire where we focused on community regeneration announcing funding of £1.7 million to help the area flourish."

Douglas Reid, leader of East Ayrshire Council, welcomed the investment.

"This employment on a large scale is just reward for the effort we are putting into economic development, and I would encourage any company with growth plans to come and talk to us," he said.

"I know that local people will make the most of this exciting opportunity, looking ahead to a great future for Kilmarnock and East Ayrshire."

Local SNP MSP Willie Coffey said: "Scotland has a strong track record of attracting investment and today's announcement goes to show that Scotland is a place where international companies want to come and do business."

The funding, known as Regional Selective Assistance, is being awarded through Scottish Enterprise, an agency of the Scottish Government. The type of grant is typically made over several years as job and other targets are met, the Government said.

Local government

Commenting & Moderation

We moderate all comments on Evening Times on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.


Have you got a story?

Contact the news desk on 0141 302 6520 or email news@eveningtimes.co.uk
Games news:

Putting the world to rights

Gail's Gab

Yorkhill does great work and Black Friday

Times Out



TV Advert
Cat’s Eyes on Glasgow

Cat’s Eyes on Glasgow

Cat Cubie’s job is to find and share with you the fabulous things the city has to offer, from gigs to gastro.

Janice Bell

Janice Bell

You Couldn't Make This Up

Glass of wine saves my day but not my diet

Michelle McManus

Michelle McManus

Columnist Michelle McManus is Sussed in the City, and loves to chat about anything and everything.