Commenting on news of HSBC’s proposed move to Birmingham for its UK headquarters, Carole Taylor, Partner at commercial property consultancy Vail Williams, said: “HSBC’s planned move follows Deutsche Bank’s expansion here over the past few years. It shows again that Birmingham is attracting heavyweight international banking names which see the city’s potential as a financial hub.
“London may be the world capital in banking and finance, but our regional cities – especially those in the Midlands and North – are increasingly attractive options for the major players. Key benefits include grade A office space, improving infrastructure, and the quality of life and cost of living to attract and retain top talent.
“The inward investment and employment opportunities from HSBC’s move are very exciting for Birmingham and the wider West Midlands region.”
