BOURNEMOUTH, UK – In a landmark move that signals a new era of growth and confidence, global financial leader JPMorgan Chase has unveiled an investment of £300-£350 million in Bournemouth, cementing the town's status as a premier UK destination to live, work, and visit.
This major commitment is a powerful, international endorsement of Bournemouth's dynamic economy and ambitious future. For visitors, this investment fuels the vibrant, year-round atmosphere that makes our town a beloved coastal getaway. A strong local economy, anchored by global leaders, directly supports the exceptional restaurants, independent shops, and cultural venues that thrive here, ensuring a high-quality experience whenever you visit.
The investment includes up to £350 million to modernise and expand the firm's corporate campus into a world-class technology hub, alongside a £3.5 million philanthropic commitment over five years to boost local skills and career opportunities.
Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase, highlighted the strength of the local talent pool: “Bournemouth has long demonstrated that there is strong financial services and technology talent outside of London, and we're proud to be the largest private employer there. Wherever we operate, we believe in making a positive impact, and this long-term investment in a world-class workplace and in local skills development is something the community will truly benefit from.”
The announcement was enthusiastically welcomed by local leaders as a significant vote of confidence in the region's future.
Tom Hayes, Member of Parliament for Bournemouth East, said: “I'm delighted that JPMorganChase's latest investment will help more young people build their future here in Bournemouth, rather than feel they have to leave to get ahead. Their continued commitment to the area is a huge boost to our local economy and clearly signals that Bournemouth is a great place to build a future.”
Jessica Toale, Member of Parliament for Bournemouth West, added: “JPMorganChase has been a great success story and mainstay in Bournemouth for decades. I am pleased to see the firm's continued commitment to the town as they move forward with their building plans and their support for building skills and opportunities for our young people locally. Not only does this show that the UK is open for business, it is a huge boost for our economy in the South West.”
Building on a partnership approaching 40 years, this investment reinforces the shared vision of making Bournemouth a world-class coastal destination. The transformation of the campus into a hub for AI and FinTech adds another exciting dimension to our town, blending our celebrated beach culture with a forward-looking spirit of innovation.
Karine Sweeney, Managing Director of JPMorgan Chase's Bournemouth site, commented on the long-standing relationship: “Our success in Bournemouth is down to the great potential of the local workforce. That's why we're so heavily invested in the careers of young people in the area – it's the right thing to do but it also makes good business sense to help nurture the available talent of tomorrow.”
This investment creates a palpable sense of momentum and optimism. We invite you to visit and experience the buzz of a confident, thriving town that is not only a beautiful place to relax, but an exciting place to be.
