A colossal billion dollar investment to deliver on climate ambitions!

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 roundtable with local business leaders, alongside the bank’s chair. “The new UK Infrastructure Bank is open for business. I am delighted to be leading this institution, which will be a catalyst for investment to support regional economic growth and net zero ambitions,” Grigg said. “I look forward to building strong partnerships with project sponsors, institutions and local leaders.”

Speaking during the discussion, Chairman of the Leeds City Region Local Enterprise Partnership, Sir Roger Marsh OBE said: “Locating this powerful national institution in our region will be a real catalyst for change and a major driver of our post-pandemic recovery. It will build on our long-term commitment to ensuring that the benefits of economic growth are felt by all of our communities.”

“This landmark decision is testament to the strength of our financial and professional services sector and will ensure a strong and successful long-term economic outlook for the city region, the North and the UK. It will act as a catalyst to inspire economic growth and business confidence at a time when it is needed most and it is pleasing that it will be operating from Leeds,” he added.

He further noted that the initiative signifies a “new page” in the relationship between the government, cities and regions across the North which works to deliver the country’s climate ambitions while unlocking economic potential in all parts of the UK.

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