Grant Thornton completes move to Sheffield city centre office

12 February 2019 Consultancy.uk

UK professional services firm Grant Thornton UK has completed a move of its Sheffield office, following a £1.1 million refurbishment project. Grant Thornton has opted to move its staff from Broadfield Court, near Abbeydale Road, into a historic space on Holly Street.

Accounting and consulting firm Grant Thornton is active in more than 130 countries globally, generating revenues in excess of $4.6 billion with around 42,000 people in its ranks. This includes a 150-strong team in Sheffield, a city where the firm has performed strongly in recent years. With the Steel City currently enjoying a bullish period of mid-market growth, Grant Thornton has been a major beneficiary of the Yorkshire city’s success.

In order to better accommodate the firm’s growing demand in the region, Grant Thornton has opted to move its staff from Broadfield Court, near Abbeydale Road, into a historic space on Holly Street. The news follows Grant Thornton’s £1.1 million fit-out of the former National Union of Mineworkers headquarters, a 14,000 square foot, five-storey office space.Grant Thornton completes move to Sheffield city centre officeGrant Thornton’s Sheffield office includes teams working locally and across the world with corporate and private clients on audit, tax, accountancy, corporate transactions, and wealth advice. Local clients include Swann Morton, Sumo Group, ITM Power, Zoo Digital, Jaywing, ASK4, Sheffield Hallam University and Tinsley Bridge. According to Senior Partner Paul Houghton who heads up Grant Thornton in Sheffield, this represents a major investment in the city, and reflects Grant Thornton’s long-term commitment to driving and supporting growth in the city, even as a number of new firms arrive in the area.

Houghton said, “We’ve been in Sheffield for 50 years and are extremely proud to be the largest international accountancy practice based in the city region. Our move into the city centre is a key step in the next phase of our growth. Sheffield is home to a wealth of innovative businesses and is a hotbed of talent and skills, most notably in its advanced manufacturing, health tech and digital sectors.  We’re excited to be visibly part of that growth by committing to the transformation of a building which has been derelict for 30 years. And that now places us in a stunning workspace at the beating heart of this dynamic city.”

He added that Grant Thornton is grateful to everyone who helped bring the building to fruition. This included Brook Property, Sheffield City Council and the firm’s fit-out contractors, including state-of-the-art technology from Sheffield Audio-Visual specialists, Technative Live, marking a truly collaborative effort.

Professionals from the Sheffield office of Grant Thornton were recently involved in another collaborative effort to overhaul a space in the city. Volunteers from the professional services firm leant their time and effort to help local charity In2Change refurbish a rehabilitation space for young offenders.

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Newcastle consulting firm opens Baghdad office

05 April 2019 Consultancy.uk

A Newcastle-based consultancy has announced it will open its first office in Iraq. The news comes despite warnings that the area remains “high risk” for businesses.

16 years after the start of Operation Iraqi Freedom, the nation remains a shadow of its former self. The continued chaos wrought by the Iraq War – which eventually played a role in the rise to prominence of Daesh, further destabilising the region – means that even now, the nation’s capital is deemed to have the lowest quality of living in the world. According to a recent survey from Mercer, Baghdad ranked last overall – immediately below Bangui of the Central African Republic and Damascus in Syria – despite the other two being determined as the worst cities on the planet for personal safety.

However, as with the wider Middle East, the oil-rich state presents a lucrative destination to businesses willing to take the risk. To that end, a Newcastle recruitment consultancy has announced the opening of its first presence in Iraq’s capital city. Samuel Knight has taken the decision to open its Baghdad locale in order to grow its business in the Middle East.

Newcastle consulting firm opens Baghdad office

While businesses remain wary of the region, Samuel Knight specialises in recruiting talent in the energy and rail sectors, and in a release it said the new office would continue to focus on these areas. It will also allow the firm to make sure it abides by local compliance laws. The new location will be headed up by Haider Kadhim, Samuel Knight’s Iraq country manager, who will work as the first point of contact for clients and candidates. Representatives from the Department of Trade Industry are expected to attend a launch event for the office, which will be held this month.

Commenting on the new office,  a spokesperson for Samuel Knight said, “We probably don’t see it as a risk, but more of an opportunity, as we operate in the Middle East extensively already. We have contacts in place in the country location and with the consultants we have. We felt it was a great opportunity to expand into a country we are already doing work in. It means we have an on-the-ground team to help our clients. From our perspective, it is that we are looking to expand into new territories, but we are also supporting countries that are starting to redevelop after years of warfare.”

Steve Rawlingson, CEO at Samuel Knight, said, “Our aggressive five-year growth plan is manifesting at  an impressive rate, taking the company to exciting new territories. The team is working diligently to surpass expectations set out in the plan, and to ensure Samuel Knight is cemented as the leading global energy and rail recruitment specialist. Our Baghdad office will give us a distinctive edge over our competition and allow for more exciting business opportunities. Once the office becomes more established and client acquisition develops, we will certainly be adding more consultants and manpower in the city.”