Bank of England to Expand Leeds Operation, Increasing Team Sevenfold by 2027
Friday, 17 May 2024, 09:32
Bank of England Expansion in Leeds
The Bank of England is set to significantly grow its presence in Leeds, with plans to escalate the team size from 70 to 500 by 2027. Governor Andrew Bailey stated that approximately one in 10 officials will be stationed in the West Yorkshire city within three years. This strategic move involves a sevenfold increase in the current workforce at the central bank's northern hub.
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