The Bank of England has secured a new long-term premises in Leeds, marking a major milestone in its commitment to build its presence in the region.

The new office at Capitol House in Bond Court will provide a modern space that supports collaboration and innovation, and meets the Bank’s ambition to be able to deliver its key central banking functions across both its London and Leeds Offices.It will facilitate the Bank’s growing headcount in the city and, in time, will replace its current base at Yorkshire House.

The new office will strengthen the Bank’s ability to connect with organisations across West Yorkshire and the wider region, deepening its understanding of local economies, building on the work of the Bank’s Agency network, and ensuring voices from across the UK are reflected in its work.

With just under 300 colleagues based in the city, the Bank is already tapping into the wealth of talent available in the region helping it better reflect the people, businesses and communities it serves.

Governor of the Bank of England, Andrew Bailey, said:

“The Bank’s new office in Leeds is an important milestone in our long-term commitment to the city. We have seen first-hand the value of the exceptional talent, expertise and fresh perspectives that Leeds and the wider region offer. Moving to Capitol House strengthens our presence across the UK and helps ensure the Bank better reflects and represents the people, businesses and communities we serve.”

Tracy Brabin, Mayor of West Yorkshire, said:

“The Bank of England putting down even deeper roots in Leeds is a powerful endorsement of our Northern Square Mile, and signals a national belief in our region’s economic future.

“Home to a world-leading financial and professional services sector backed by an extraordinary pipeline of local talent, national and international institutions alike are looking to West Yorkshire as the place to invest and grow.

“The Bank establishing a permanent base in Leeds won’t just be good for the people of West Yorkshire – it will help ensure that the future of our national economy is shaped by voices from across our regions and nations.

“That is how we’ll deliver good growth in every postcode and build a stronger, brighter UK economy that works for all.”

Cllr James Lewis, Leader of Leeds City Council and Deputy Mayor of West Yorkshire, said:

“The partnership between Leeds and the Bank of England stretches back nearly 200 years, we’re proud that their commitment to Team Leeds continues to flourish in 2026 and beyond.

“The new Leeds premises for the Bank of England adds yet more strength to our Northern Square Mile – the largest centre for financial and professional services outside of London. Together, we will continue to build on this institutional strength, doubling the rate of growth in this sector over the next decade and fuelling our ambition to be a place where we reduce poverty and inequality for everyone across West Yorkshire.

“With our deep talent pool from our top-class educational institutions alongside a great quality of life offer across our region, the Bank of England join many others choosing to locate and grow their presence in our thriving city.”

Robert Marshall, Managing Director of Evans Property Group:

"We are delighted that the Bank of England has selected Capitol House as its new home in Leeds. Over the past six months, Evans Property Group and the Bank of England have worked collaboratively to reach this important milestone, and we are proud to support the Bank's continued commitment to the city and wider region.

“Capitol House will provide a best-in-class workplace designed to meet the Bank's long-term operational requirements while contributing positively to the ongoing regeneration and growth of Leeds' financial district. We look forward to continuing our close partnership with the Bank of England as this exciting project progresses, with construction works due to commence in October."

Notes to editors

• For more information on the Bank’s office in Leeds including current vacancies, visit: Welcome to the Bank of England in Leeds | Bank of England.
• The Bank plans to move to Capitol House in late 2028.
• The Bank’s Location Strategy Programme includes both the plans for the continued growth of the Bank’s presence in Leeds and plans for the refurbishment of the Bank’s Threadneedle Street site, which is designed to allow consolidation of the Bank’s property footprint in London by end-2028.