Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.


The inaugural Leicester Business Festival in 2015 came at a time when confidence in the regional business community was ever-increasing, and next year’s event will further cement the city and county as a centre of business excellence. Just two of the major names to announce their investment in the city in recent times are world-renowned technology giant IBM and leading insurance firm Hastings Direct.

IBM set the target of creating 300 hi-tech jobs in Leicester when the US company opened IBM Services UK in temporary offices in the Leicester city centre. The quality of the graduates from the city and county’s three universities was a major factor in the firm deciding to establish itself in the area. The company’s next move will be to an office complex at 20-40 New Walk where they can continue to expand.

Backed by £3 million from Leicester City Council and a further £1 million from the Government’s Regional Growth Fund, the business has also committed a multi-million pound sum to its move.

Bernard Szczech, chief executive of IBM Services Centre UK in Leicester, said: “The reasons we came to Leicester were because of the high quality workers that were available in Leicester, Leicestershire and the surrounding areas; the city is well-located in the country, which means it’s not far from the capital, and we have had a huge amount of support and help from the city council and the LLEP.”

Hastings Direct has also been investing in the city with the opening of a new call centre creating 230 new jobs with “plans for continued expansion” in 2016 and 2017. Again, the firm received £1 million from the Government’s Regional Growth Fund to help finance the move.

Another firm with big ambitions for the future, Hastings has shown how big companies are putting their trust in Leicester as a place to grow and develop. The Leicester Business Festival aims to continue this buoyancy by showcasing the city and county’s range of businesses to the rest of the country and encouraging a close-knit business community through close working relationships.

Leicestershire is already blessed with an enviable balance between sectors making it the largest economy in the East Midlands, worth £19.4bn a year and the host to 33,000 businesses and 435,000 employees.

Returning bigger and better than last year, the Leicester Business Festival will aim to encourage even more businesses to get involved by hosting their own events or coming on board as sponsors. Nearly 7,000 people took part in the 80 events of last year’s festival, and both figures are expected to increase significantly this time around.

For more information on the Leicester Business Festival, the events taking place, or how to apply, please take a look at: www.leicesterbusinessfestival.com