The Financial Conduct Authority (FCA) has signed a deal for new offices in Leeds city centre, which could see 100 jobs brought to the city.
The site on 6 Queen Street will be home to the FCA's Digital Delivery Centre alongside other functions of the organisation, which is responsible for regulating the financial services industry across the country. William Hague, director of Change and Transformation at the FCA, is leading the establishment of the office and Phil Nixon has been appointed as head of the Digital Delivery Centre.
As part of the move, which follows the opening of outposts in Cardiff and Belfast, the organisation will recruit around 100 people, BusinessLive reports.
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Nikhil Rathi, chief executive of the FCA said: "As a national regulator, it is vital we have a truly national footprint. That means having colleagues in all parts of the UK. I’m delighted that we’re moving a step closer to opening our new Leeds office, in a city with a growing reputation as a digital and tech hub."
Coun James Lewis, leader of Leeds City Council, said: "Leeds City Council has worked hard to ensure that Leeds is seen as an attractive destination for business and organisations, and it’s great to see that recognised as more organisations move into our city. The city has financial, digital and tech sectors that are strong and resilient, with a population that is innovative, diverse and brimming with talent. We look forward to welcoming the Financial Conduct Authority to the city."
Last year the FCA announced its new business plan in which it also committed to doubling the number of staff in its Edinburgh office to around 200 and increasing recruitment in data and technology.
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