Bank of England to increase staff in regional office

Seven-fold expansion of Leeds employees will widen talent pool and improve trust, BoE says

UK flag and finance

The Bank of England (BoE) will greatly increase the number of staff in its office in Leeds, it announced today (May 17).

The BoE said it was committed to having at least 500 staff based in Leeds by 2027, or about 10% of its total employees. It said it would maintain its current employee headcount of just under 5,000, but increase Leeds-based staff by internal relocations and local recruitment.

The central bank first announced it would increase its north of England presence in April 2021, and

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