7 major finance investments planned for the UK – including a new Revolut HQ
Fintech group Revolut will on Wednesday (23 September) open its new global headquarters in Canary Wharf, setting out plans to invest £3 billion in the UK and create 1,000 high-skilled jobs over the next five years.
This comes on the heels of last week’s £100 billion investment from asset manager Blackstone, £7 billion from BlackRock and £1.25 billion in inward investment from leading US financial firms, including PayPal and Bank of America – generating 1,800 new jobs in major cities, including London, Edinburgh, Belfast, and Manchester.
“The UK is well and truly open for business under this government. Through our Leeds Reforms we’re making Britain the best place for financial services companies to do business, pushing us ahead in the global race for investment and putting more money in people’s pockets through the Plan for Change,” said Chancellor Rachel Reeves.
Revolut’s investment marks its commitment to the UK, where it has grown to become a global fintech leader with more than 10,000 employees and revenues of over £3 billion.
The company now serves over 65 million customers worldwide, including 12 million in the UK, and has set its sights on reaching 100 million customers globally by mid-2027.
Some of the other major financial investments announced over the last week include:
- Blackstone is aiming to invest in excess of £100 billion of assets in the UK over the next decade. This includes their £10 billion investment in a data centre in Blyth.
- BlackRock expects to allocate over £7 billion to the UK market next year on behalf of its clients and is investing £500 million into enterprise data centres across the country.
- Bank of America is set to create up to 1,000 new jobs in Belfast, marking its first-ever operation in Northern Ireland — a major milestone that underscores the region’s growing role in global financial services.
- Citigroup today confirms it is investing £1.1 billion across its UK operations, including a further commitment to growing its presence in Northern Ireland, where the bank is already one of the top employers in Belfast, now employing over 4,000 people — firmly establishing Belfast as a major technology powerhouse.
- In Manchester, S&P Global are investing over £4 million into its Manchester offices, which will support 200 permanent jobs, boosting its nearly 3,000-strong UK workforce.
- As part of the UK’s expanding fintech and digital innovation sector, PayPal is announcing a £150 million investment in product innovations and growth that will benefit customers throughout the UK, reinforcing Britain’s position as a key market for the brand globally.
