KPMG, one of the leading ‘Big 4’ accountancy firms, has today announced plans to set up a business hub in the University of Chester’s Riverside Innovation Centre with the aim of supporting and working more closely with companies large and small across Chester and North Wales.
KPMG, which already works with large companies, SMEs and public sector organisations across the Cheshire and North Wales region including Chester Zoo, Chester Racecourse and Moneysupermarket.com, will be the first of the Big 4 firms to have a dedicated presence in the city.
The hub, which will be open from 1 April 2014, will be led by Chris Fry (office senior partner for KPMG in Liverpool) together with fellow partners Will Baker (audit), David Muir (advisory) and Nick Pheasey (tax), ensuring that KPMG’s full range of audit, tax and advisory services are brought to the doorstep of businesses across the region. Will, David and Nick all live in the Chester area.
Chris Fry, office senior partner for KPMG in Liverpool, said: “With initiatives like the One City Plan and Cheshire and Warrington’s ‘Unleashing the Potential’ subregional economic strategy well underway, there’s no doubt that Chester and the surrounding areas are exciting places to be right now. We felt it was very important to obtain a base for ourselves within the walls of the city, where we can really get to know local businesses, assisting them with their plans for sustainable growth.”
Chris Fry added: “Our decision to base in the Riverside Innovation Centre is also in no small part down to the diverse range of start-ups that are based there. In order to thrive and grow, potential high-growth companies need to be nurtured and supported all the way, and we want to play an important part in that process.”
Paul Kirkbright, director of the Riverside Innovation Centre, said: “We’re delighted that KPMG has chosen to base its new business hub in the Innovation Centre. One of our primary goals is to foster entrepreneurial talent and help develop untapped business potential across the region. Having a company of KPMG’s calibre on hand in the Centre will undoubtedly broaden the breadth of advice and expertise that local start-ups can access, be it about funding, tax incentives or strategies for growth.”
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Katy Broomhead, KPMG Corporate Communications
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KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with approximately 11,500 partners and staff. The UK firm recorded a turnover of £1.8 billion in the year ended September 2013. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. It operates in 155 countries and has 155,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.
This article represents the views of the author only, and does not necessarily represent the views or professional advice of KPMG in the UK.