BoE to close cash distribution centre in 2023
The Financial institution of England will shut its money distribution centre in Leeds, however says it plans to extend its footprint within the north of England.
In an announcement at present (April 22), the BoE stated it’ll shut the centre in February 2023. The BoE stated it took the choice because it anticipated demand for banknotes to proceed falling, whereas polymer has elevated the lifespan of bodily money.
It first opened an workplace in Leeds, the most important metropolis within the county of West Yorkshire, in 1827.
In a separate assertion
Copyright Infopro Digital Restricted. All rights reserved.
You might share this content material utilizing our article instruments. As outlined in our phrases and circumstances, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised Person could solely make one copy of the supplies for their very own private use. You have to additionally adjust to the restrictions in clause 2.5.
If you need to buy extra rights please e-mail info@centralbanking.com
