Bank of England Expands Leeds Presence with New Office

The Bank of England has secured a new long-term premises in Leeds as part of its plan to employ 500 staff in Yorkshire. The new office at Capitol House in Bond Court will provide a modern space that supports collaboration and innovation, meeting the Bank's ambition to deliver key central banking functions across both London and Leeds offices.

The statement said that the new office will facilitate the Bank's growing headcount in the city and replace its current base at Yorkshire House. The Bank hopes to reach 300 staff in Leeds by the end of 2026, with a target of 500 staff by the end of 2027.

Governor Andrew Bailey said that the new office is an important milestone in the Bank's long-term commitment to Leeds and the wider region. Tracy Brabin, Mayor of West Yorkshire, praised the Bank's decision, stating that it signals a national belief in the region's economic future.