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Revolut Opens Canary Wharf HQ, Pledges £3 Billion UK Investment and 1,000 Jobs

Ministers cast the move as proof the Leeds Reforms are attracting major finance commitments to Britain.

Overview

  • Revolut formally opened its global headquarters in London’s Canary Wharf and committed £3 billion over five years to create 1,000 high‑skilled UK jobs.
  • The government said the announcement capped a week exceeding £110 billion in finance-sector commitments, citing Blackstone’s planned £100 billion, BlackRock’s £7 billion and new moves from PayPal, Bank of America, Citi and S&P Global.
  • Chancellor Rachel Reeves called the deal a vote of confidence in the UK and pointed to the Leeds Reforms as a driver of new investment.
  • Revolut reports more than 65 million customers globally, including 12 million in the UK, over £3 billion in revenue and 10,000+ employees, with a target of 100 million customers by mid‑2027.
  • Media reports say a recent secondary share sale implies a roughly $75 billion valuation for Revolut, and the firm describes the UK plan as part of a broader goal to invest £10 billion and add 10,000 jobs worldwide.