UK Infrastructure Bank moves in to new Leeds home ahead of mass job creation

A government banking organisation has announced that it will be taking up residency in its new Leeds site.

The UK Infrastructure Bank (UKIB) is moving into a new space at One Embankment, managed by flexible workspace provider incspaces.

The new UKIB base is expected to create 200 new jobs in the city, and is slated to help support economic growth on a regional and national level.

Charlie Cudworth, managing director of incspaces, commented: “We are delighted to welcome UKIB to One Embankment.

“This is a milestone for both the wider Leeds business community and us, and this strategic commitment by UKIB shows a real demand for a return to office life post-pandemic.

“With tenants such as UKIB, which has been purposefully created to grow regional economies across the country, incspaces are better placed than ever before to welcome people back to the office and help them to work in a greener, more sustainable way.”

Nicholas Gibby, office agent at JLL, said: “This is an exciting new organisation that will unlock billions of pounds of investment to help Leeds and other cities across the UK to level up while prioritising climate change and sustainability initiatives.

“JLL is delighted to have worked with UKIB & incspaces to deliver this project so expeditiously.”

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