RESTRUCTURING firm Duff & Phelps is to leave Leeds after just two years in the city, as it retrenches its northern operations back to Manchester.
The office opened in early 2013 in City Square but will close at the end of this month, with the work transferring to the North West.
Keith Marshall, managing director of the Leeds office, said: “A strategic decision has been made to retrench the footprint of Duff & Phelps UK resulting in the Leeds office closing, just over two years after it opened.
“I joined Duff & Phelps 18 months ago and am proud that along with senior team supporting me, of Oliver Collinge and Richard Oddy, we managed to grow the office into a profitable business unit in a competitive and challenging restructuring market.”
The business currently has 57 offices around the world, and will be left with three in the UK, in London, Birmingham and Manchester.
