American Express is set to give a huge jobs boost to Brighton and Hove.

The financial giant has revealed that the firm is in consultation to close a service centre in Madrid and relocate jobs to Brighton.

Hundreds of jobs could potentially be created by the move.

The announcement comes as part of an international reshuffle by the company which could see jobs at the Madrid centre divided between Brighton and Buenos Aires in Argentina.

Brighton and Madrid are Amex’s two key service centre hubs in Europe although Madrid is a smaller centre than Brighton, which employs more than 3,000 people.

Both customer service-related roles and back office staff would be moved to Brighton and staff at Madrid could be relocated to the city.

The consultation is expected to last until the end of the year before a final decision is made.

The move confirms Brighton as one of the key centres for American Express less than three years after doubts were raised about the company’s continued presence in the city.

An American Express spokesman said: “Brighton is a key location to American Express not just for the UK and Europe but on an international scale.

“We are currently in consultation to move work from the Madrid service centre to Brighton and Buenos Aires in Argentina.”