Leeds landmark sold for almost £80m in city’s biggest deal for over five years Property A landmark building in the heart of Leeds’ financial district has been sold for almost £80m in the city’s largest office deal for more than five years. Ashtrom Properties UK has acquired Central Square, which is home to the likes of M&S, PwC an Sky, for £78m. Central Square comprises 217,249 sq ft of office [...]
Move over London – regional cities are leading the financial services jobs boom Business New data has revealed the huge impact that regional cities in the UK have had in driving growth in the financial services sector, with more than half of all jobs created outside London. The research by industry body The City UK found that of the 354,000 jobs created within the sector between 2012 and 2022, more [...]
Leeds-upon-Thames? How the West Yorkshire heartland is luring British institutions away from London Business Over the past few years Leeds has emerged as a go-to destination for British institutions looking to venture beyond the M25. Since 2018 Channel 4, the Bank of England, the Financial Conduct Authority and the UK Infrastructure Bank have all opened hubs or expanded their presence in the city, adding hundreds of new jobs and [...]
FCA joins Bank of England in relocating jobs from London to Leeds August 7, 2024 The Financial Conduct Authority (FCA) has revealed plans to relocate 100 jobs from London to Leeds, just months after the Bank of England announced a similar move. The watchdog, which established its first office in Leeds two years ago, is growing its team at the digital delivery centre on Queen Street, where around 100 employees [...]
Regional REIT: Boost to bottom line as it looks beyond emergency capital raise August 5, 2024 Embattled real estate investment trust Regional REIT was given a boost from exchanges on six big leases in the three months to June, helping it achieve a double digit net rental uplift since the start of the year.
Nearly 60 Bank of England staff accept offers to relocate for work in Leeds June 26, 2024 Nearly 60 workers at the Bank of England have accepted offers to work at the central bank's expanded office in Leeds.
Red Bull Leeds? Energy drink giant buys stake in Championship club May 30, 2024 Energy drinks giant Red Bull have this morning completed the purchase of a minority ownership stake in Championship club Leeds United. The club confirmed the partial acquisition when Red Bull were confirmed as a front-of-shirt partner for the club who lost the play-off final last weekend to Southampton. “Minority ownership in Leeds” A statement read: [...]