Josey Back up North 🦚🥂 (@joseybackupnorth.bsky.social)

Bank of England accelerates Leeds expansion as part of cost cuts The Bank of England is accelerating the expansion of its Leeds operation as part of a wider drive to cut costs, reduce headcount and overhaul its London assets. Under new plans approved by the Bank's Court of Directors, half of all external recruitment will now be in Leeds, as governors push to meet a long-term commitment to deploy 500 staff in the city by 2027 – almost one in ten of the Bank's total workforce. https://2daystream.com/bank-of-england-accelerates-leeds-expansion-as-part-of-cost-cuts/