The British Business Bank has announced plans to move into the newly redeveloped Steel City House in Sheffield city centre.
The move to new offices follows the rapid expansion of the bank’s Sheffield operation since it became an independent PLC in November 2014.
The bank will occupy the top two floors of Steel City House, which will provide a near-doubling of its current office space.
Keith Morgan, CEO of the British Business Bank, said the move to the new offices reaffirmed its commitment to Sheffield and the region.
“The growth of the British Business Bank has created high-quality finance jobs in the city as we continue to meet our objectives of providing increased volumes and choice of finance for smaller businesses.
“Colleagues across the bank are excited to be moving to this unique building, which speaks to both the history and the future of the Sheffield region.”
Margot James, the small business minister, added: “Building an economy that works for all is an important part of our industrial strategy, which is creating the conditions for businesses of all types to start-up and grow.
“The British Business Bank’s expansion in Sheffield will continue to grow the Northern Powerhouse, creating jobs and helping small businesses in the region get the access to finance they need to succeed.”
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