EY moves into new Cambridge office

10 July 2024 Consultancy.uk 3 min. read
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As it invests in its operations in the East of England, EY has moved its office in Cambridge. The new hub offers space to expand on the firm’s current 200 Cambridge team members.

Cambridge is a city in eastern England which has a long and prestigious history of innovation. Home to the University of Cambridge since 1209, it has since become the most concentrated clusters of scientific and technological development in the world. For example, the 2023 Global Innovation Index (GII) named Cambridge as the number one science and technological (S&T) cluster by intensity, in relation to its size, ahead of San Jose, San Francisco, and Cambridge’s long-time rival Oxford in third.

As EY looks to tap into that rich vein of innovation and local talent, EY has relocated into a new office in Cambridge. The locale at One Cambridge Square is located in the mixed-use urban Cambridge North development, and coincides with the end of the firm’s lease at One Cambridge Business Park, where the firm has been based for nearly two decades.

EY moves into new Cambridge office to support growth plans

 Stuart Wilkinson, Office Managing Partner at EY in the East of England

Stuart Wilkinson, Office Managing Partner at EY in the East of England, commented, “The investment in a new Cambridge office marks our commitment to maintaining a strong presence in the region. Our new premises will provide a high spec working environment for our people as we continue to grow and develop to serve the East of England’s thriving business community. We are looking forward to welcoming clients and colleagues to our new home and we hope they will be as pleased with the space as we are.”

The new building will provide EY’s Cambridge team with a modern workspace with more areas for in-person collaboration and technology-enabled meeting rooms. The office also has thorough green credentials – with an ‘excellent’ BREEAM rating, LED lighting throughout, and storage for some 350 bikes.

The news is also encouraging news for Cambridge’s local economy. EY’s Cambridge office already employs nearly 200 people across assurance, tax, consulting and other business services. The new office offers the chance to expand this further, and the firm remains committed to strengthening the business with exceptional talent to cater to the growing needs of its clients. In the last financial year, for example, EY Cambridge welcomed 16 graduates and school leavers as the business continues to expand to meet client demand.

To that end, Sven Topel, CEO at Cambridge-based development firm Brookgate, added, “Securing EY at One Cambridge Square is a testament to the work taking place at Cambridge North to create a new district to attract leading employers. We are pleased to be welcoming the team to this dynamic new cluster of businesses that are seeking sustainable, flexible and best-in-class office space in an exciting new neighbourhood. EY’s arrival takes One Cambridge Square to 75% let, following the building’s completion in August 2023, and we’re pleased to be creating a new community in this area of Cambridge.”