Bank HQ to move to new offices in city centre

THE UK Infrastructure Bank has signed a 15-year lease on new offices in Leeds, reaffirming its commitment to building an enduring institution in the city.

UKIB will move into its new city centre location at No.2 Whitehall Quay in early summer following the end of its lease at One Embankment.

The bank will occupy three floors of the refurbished premises, alongside the National Infrastructure Commission and the Low Carbon Contracts Company.

UKIB, which has almost 250 permanent staff, said the new space will accommodate the bank’s changing needs as a larger and more established organisation.

James Emmett, chief operating officer of UKIB, said: "The fact UKIB is anchored in the city is a key part of the bank’s identity, and we are proud to have our headquarters here. Signing this long-term lease marks the next chapter in UKIB’s development and recognises the strength of the talent and expertise in the region’s vibrant financial ecosystem.

"Our new premises will provide a space that enables us to house our staff, meet with clients, attract the best talent and collaborate in our mission to tackle climate change and boost growth across the UK.”

James Heath, National Infrastructure Commission CEO, said: “Working alongside the bank at the heart of one of the UK’s greatest cities has already brought us benefits, both in opportunities to engage with local leaders but also in terms of the quality of staff we have attracted.”