Lloyds Banking Group is set to move more than 3,000 staff to a new office in Cardiff city centre.
The bank has taken a 10-year lease on premises in John Street on Callaghan Square.
Around 3,100 staff will move from the bank’s current office at St. William House to the John Street office, with no impact on roles. Lloyds said it was aiming for colleagues to work from the new office by Q2 2026.
It said the move emphasised the Group’s commitment to the city, adding that the upgraded office facilities would support staff wellbeing as well as recruitment.
Sharon Doherty, Chief People & Places Officer, Lloyds Banking Group said:
“We’re thrilled to announce our move to John Street in Cardiff, boasting industry-leading sustainability credentials and offering modern, state-of-the-art facilities for our people and reaffirming our commitment to the city. To successfully deliver for our customers and help Britain prosper, we are creating the right spaces for our colleagues to work together and thrive.
“Cardiff is one hub, alongside Birmingham, Leeds, London, Belfast, Edinburgh and Manchester, to benefit from the significant investment we’re making to transform our workplaces for colleagues and to attract the talent of the future.”
The building includes a free-to-use fitness space, a café, accessible speed gates and a sensory map to enhance accessibility information and is designed to BREEAM Excellent certification, emphasising sustainable and energy efficient design.
Chartered surveyor Chris Sutton said:
“Cardiff is a strong and vibrant capital city and has been the ‘jobs engine’ for the wider city region.
“The availability of skilled labour and economic infrastructure is vital but the provision of Grade A office floorspace, such as John Street, is often fundamental to retaining investment from existing businesses like Lloyds Bank.
“The challenge is to create a pipeline of new schemes to ensure the city can win or retain the next project.”
