Employer reaffirms commitment to Peterborough as it relocates staff

Bosses of a leading building society have reaffirmed their commitment to Peterborough as details were revealed of plans to relocate their city-based staff.

Wednesday, 26th August 2020, 3:15 pm
YBS

The Yorkshire Building Society is currently in the process of moving its 154 staff from the prominent offices, which are owned by the Society, on Peterborough Business Park, in Lynch Wood.

The society is relocating its staff to a smaller - 14,000 sq ft premises spread over two storeys - office at Broadoak on the Southgate Business Park, in Orton Southgate, on which it has a 10 years lease. The move could be completed by the end of the year.

Sarah Jackson, the society’s director for customer operations, said: “We are absolutely committed to Peterborough but we are having to reduce our footprint here.

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“We are moving premises because the current buildings are just too big for our staff numbers. However, we have put a lot of work into making sure the new offices meet the needs of our staff.

“We created a Colleagues’ Forum so we could find out from staff what they want from the new offices and so we could be sure of creating a high quality environment for colleagues as well as demonstrating our investment in the site and our commitment to Peterborough.

High on the list of requirements was lots of natural light, social spaces and breakout areas, equipped with pool table and pinball machines.

The Society, which acquired the offices in 2011 when it bought the Norwich and Peterborough Building Society with 400 staff, announced in January last year it was selling the Lynch Wood base.

The kitchen at the new YBS offices.
Informal meeting area at the new YBS offices.
An informal meeting area.