Leader of the council welcomes announcement on National Wealth Fund

Councillor James Lewis, leader of Leeds City Council, said:  

"We're pleased to hear the announcement by Chancellor Rt Hon Rachel Reeves MP of the new steps for the National Wealth Fund and its headquarters in Leeds. Leeds is the UK’s second largest city for financial services, and a major hub for related professional services, and this latest announcement further reinforces the city's progress and influence as we continue to attract major players such as the UK Infrastructure Bank, Bank of England and the Financial Conduct Authority who have all chosen to locate their major UK hubs in our city.  

“These developments create exciting opportunities for local people, offering a wealth of new jobs and career paths. We have huge strengths in this area and offer a wealth of expertise underpinned by strong regional, national and international partnerships and a diverse range of businesses which puts us in a great position to support this initiative."