’This further expansion is testament to the success of our Leeds office,’ says chief executive
The FCA has revealed that it is set to boost its headcount in Leeds as it expands its footprint in the city.
The regulator opened its office in Queen Street in September 2022 and currently employs almost 240 staff.
It will now increase the office’s floor space by nearly 5,000 square feet, with it aiming to base a further 100 of its workforce there.
Nikhil Rathi, chief executive at the FCA, said: “We have really benefitted from having a base in Leeds – both in the breadth of talent that has joined the FCA and the different perspective our Leeds colleagues bring to the full breadth of our work.
“This further expansion is testament to the success of our Leeds office and the warm welcome we have received.”
’Strength to strength’
The refurbishment project will begin late summer, with the new space set to open in the autumn.
Read: FCA clamp down demanded over ‘widespread’ failures in claims process
Read: ‘Many firms need to make improvements’ as FCA publishes Consumer Duty outcomes review
Explore more market-related content here or discover other news stories here
Tracy Brabin, mayor of West Yorkshire, said: “West Yorkshire is going from strength to strength as the largest financial services centre in England outside London.
“Hot on the heels of the Bank of England’s expansion in Leeds, I’m thrilled to welcome this new commitment from the FCA.”
His career began in 2019, when he joined a local north London newspaper after graduating from the University of Sheffield with a first-class honours degree in journalism.
He took up the position of deputy news editor at Insurance Times in March 2023, before being promoted to his current role in May 2024.View full Profile
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
No comments yet