BoE to close cash distribution centre in 2023

Cash operations will continue at Debden site while BoE reviews geographical footprint

Bank of England and Stock Exchange
Rachael King

The Bank of England will close its cash distribution centre in Leeds, but says it plans to increase its footprint in the north of England.

In a statement today (April 22), the BoE said it will close the centre in February 2023. The BoE said it took the decision as it expected demand for banknotes to continue falling, while polymer has increased the lifespan of physical cash.

It first opened an office in Leeds, the largest city in the county of West Yorkshire, in 1827.

In a separate statement

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account