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Bank of England to Open New Leeds Office in 2028
The central bank said the move will support collaboration and help it reach 500 staff in Leeds by the end of 2027.
On Monday, the Bank of England secured a long-term site at Capitol House in Bond Court, Leeds, which will eventually replace its current Yorkshire House base and facilitate growing headcount in the city.
The central bank has already surpassed 240 staff in Leeds and aims to reach 300 by the end of 2026, with plans to expand the workforce to at least 500 by 2027.
Governor Andrew Bailey called the new premises "an important milestone in our long-term commitment to the city," noting it strengthens the institution's presence across the UK.
Mayor of West Yorkshire Tracy Brabin stated the deeper roots in Leeds signal a "national belief in our region's economic future," while Leeds City Council Leader Coun James Lewis praised the city's financial strength.
Expansion in the north aligns with the Bank's location strategy programme, which includes refurbishing its historic Threadneedle Street headquarters in London, designed to consolidate property footprint by end-2028.