Encouraging news for Leeds as Amanda Beresford, head of planning, welcomes the opening of the UK Infrastructure Bank in the West Yorkshire region.
It comes as Chancellor Rishi Sunak opened the new UK Infrastructure Bank this week to support local infrastructure growth while also tackling climate change issues.
In its new headquarters in Leeds, the UK Infrastructure Bank’s main aims are to accelerate infrastructure investment, reduce emissions and play a role in “levelling up” the UK regions. It will help to finance important projects, including in clean energy, transport, digital, water and waste, and has published a framework document that sets out its relationship with the government.
In her role as President of the Leeds Chamber of Commerce, Amanda commented, “The Chamber is delighted to welcome the UK Infrastructure Bank to Leeds, and we look forward to working with the organisation in identifying opportunities to invest in low carbon infrastructure and working towards a future net-zero economy. The aims and objectives of the UK Infrastructure Bank align very closely with the Chamber’s own; we recognise that in order to meet ambitious environmental targets, we must invest now to create the infrastructure, jobs, skills and technologies to make this happen.
The UK Infrastructure Bank will be in good company, joining a host of other organisations which have made the decision to locate in Leeds, including the Bank of England and Channel 4; we believe strongly that access to regional perspectives will help enormously with the government’s ambitions to level up the UK economy.”